Procore Technologies ( (PCOR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Procore Technologies’ stock movement is influenced by a mix of positive and negative factors. Despite strong quarterly performance and increased price targets from analysts due to revenue and cRPO growth, insider sentiment has turned negative. Significant insider selling activity has raised concerns about the sustainability of future growth, causing the stock to move downward.
More about Procore Technologies
YTD Price Performance: -4.71%
Average Trading Volume: 1,212,007
Technical Sentiment Signal: Strong Buy
Current Market Cap: $10.68B
For further insights into PCOR stock on TipRanks’ Stock Analysis page.
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