Atlassian Shares Sink 16% to $154.418 in Premarket Trading
Atlassian shares fell 16% to $154.418 in premarket trading Friday after declining 3.4% Thursday, as investors reacted to slowing cloud revenue growth. Some analysts called the selloff unwarranted.
By Ty RoushAtlassian shares fell sharply on Friday as investors appeared to sour on the software company's slowing cloud revenue growth. Some analysts believe the selloff was unwarranted.Shares of Atlassian sank 16% to $154.418 in premarket trading on Friday after falling 3.4% on Thursday. If the d…