Gartner shares slide 1.41% in second straight daily loss
Updated
Updated · MarketWatch · May 1
Gartner shares slide 1.41% in second straight daily loss
8 articles · Updated · MarketWatch · May 1
The stock closed at $146.40 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average fell 0.31% to 49,499.27.
Gartner underperformed peers including Trade Desk, up 2.76%, and Omnicom, up 0.26%, while IQVIA slipped 0.38%.
Shares finished 67.59% below their 52-week high of $451.73 reached on 13 May, while trading volume of 1.5 million matched and slightly exceeded the 50-day average.
Facing lawsuits and AI threats, can Gartner's May 5th earnings report reverse its dramatic stock slide?
As AI fuels a historic IT spending boom, why is industry leader Gartner's own stock in a freefall?