Updated
Updated · MarketWatch · May 6
Gartner stock rises for third straight day
Updated
Updated · MarketWatch · May 6

Gartner stock rises for third straight day

11 articles · Updated · MarketWatch · May 6
  • The shares gained 1.04% to $151.05 on Wednesday, with trading volume of 2.6 million topping the 50-day average of 1.5 million.
  • Despite the advance, Gartner underperformed a broader market rally as the S&P 500 rose 1.46% and the Dow Jones Industrial Average added 1.24%.
  • The stock remains 66.56% below its 52-week high of $451.73 reached on 13 May, though it outperformed Trade Desk and Omnicom and narrowly beat IQVIA.
Amidst lawsuits and a slashed revenue forecast, can Gartner's new AI initiatives actually save its plummeting stock?
Gartner boasts strong cash flow but has a 'Sell' rating. Is this a value trap or a major buying opportunity?