Data-analytics software maker Splunk saw its shares collapsing on Monday after the company’s CEO Doug Merritt stepped down. Board chair Graham Smith will be taking over immediately as interim CEO. The company is currently looking for a new permanent chief executive. Shares fell 18% after Wall Street learned the news, marking the day the third … Continue reading “Splunk CEO Steps Down Sending Shares Falling”
Tag: splunk
Splunk Shares Plummet After Earnings and Outlook Fall Short
Shares of software company Splunk Inc. were falling in the extended session Wednesday after the…
March 4, 2020