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Why Alteryx Stock Jumped 19% Last Month

Jeremy Bowman, The Motley Fool
·3-min read
Why Alteryx Stock Jumped 19% Last Month

Shares of Alteryx (NYSE: AYX) were climbing last month as the data analytics provider gained with a wave of software-as-a-service (SaaS) stocks as investor sentiment improved significantly during the month. According to data from S&P Global Market Intelligence, Alteryx shares finished the month 19% higher. There was little company-specific news out on Alteryx during the month, but it was one of several high-priced cloud stocks to recoup its losses from March.

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