You typically don’t want to see your left-for-dead SaaS business dropping a ‘we’re buying an AI company’ seconds before the quarterly financial release, but alas (WDAY is buying ‘Paradox’). Results look fine - a few modest shortfalls - but similar companies ::cough cough Monday.com:: were slaughtered for less:
Shares now -1% after initially rising as much as 5%. Here was the setup - very favorable:
