The stock price of supply chain software provider e2open plunged Tuesday as Wall Street reacted to an earnings report in which the financial numbers weren’t particularly negative but the outlook was.
By the close of trading, the stock of e2open had fallen $1.84 to $4.40, down just under 30% on the day. It touched an intraday low of $3.92. The 52-week high of $9.18 was recorded almost one year ago to the day, on May 4, 2022.
The issues facing the provider of its SaaS product for supply chains...