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This Tech Stock Continues to Tumble Despite Rising Revenue. Is It Time to Buy?

·3-min read
This Tech Stock Continues to Tumble Despite Rising Revenue. Is It Time to Buy?
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Down nearly 60% from its all-time high and 40% year to date, Alteryx (NYSE: AYX) has not seen the recent returns that its tech brethren have enjoyed. Given these disappointing returns, it would be reasonable to assume Alteryx's core business is in trouble. Alteryx's revenue increased 25% over last year's second-quarter numbers.

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