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Domo’s Stock Plunge and Why It’s Not a Buy | Business and Finance News
Description
Domo’s stock is cratering, down 66% in six months to just $2.90, but the real story’s in the fundamentals: billings barely growing at 1% year-over-year, revenue forecasts shrinking, and slower ROI on sales efforts. Analysts warn it’s not a buy — the business is struggling, and the cheap price doesn’t fix shaky growth. Skip the falling knife and chase stocks with real acceleration instead.
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