Splunk stock plunges as CEO Doug Merritt steps down

Doug Merritt, CEO of Splunk Scott Millian | CNBC Shares of data analytics software maker Splunk plunged as much as 19% after the company said CEO Doug Merritt is stepping down and that Graham Smith, its chairman, is taking over as interim CEO, effective immediately. Splink is looking for a new permanent boss. The stock’s … Read more

Freshworks (FRSH) earnings Q3 2021

In this image illustration, the Freshworks Inc logo appears on a smartphone screen. Buffalo Junchar | SOPA photos | Light Rocket | Getty Images Shares of Freshworks, a customer service and support software company, fell more than 13% in extended trading Tuesday after it announced quarterly results for the first time after its initial public … Read more

SAP earnings Q3 2021

The logo of the German software group SAP is photographed at its headquarters in Walldorf, Germany, May 12, 2016. Ralph Orlowski | Reuters German software giant SAP on Thursday reported a jump in revenue in its fast-growing cloud unit, which helped boost the company’s third-quarter earnings performance. SAP’s third-quarter cloud revenue totaled approximately €2.4 billion … Read more