Shares of data search, analytics, and cloud monitoring software company Splunk (NASDAQ: SPLK) are finally rising again after a beating from investors the last few years. Profitability, at least as ...
Out of the blue, Splunk (NASDAQ:SPLK) is being thrust into the spotlight today on Wall Street. Splunk stock's vertical price move might surprise you at first, but be sure to get the full story. I am ...
Splunk's stock price has jumped around 40% this year after reporting strong Q2 results and raising its guidance for the year. The company continues to grow cloud ARR at a >20% y/y pace, while ...
Cisco (CSCO) rated Sell: fair value $69 vs. current price. The $28B Splunk acquisition tripled CSCO's debt. Read here for a ...
Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. During the ...
On Thursday, Cisco Systems CSCO announced its plans to acquire Splunk SPLK for $28 billion ($157 in cash per share), a 31% premium to Splunk’s Sept. 20 closing price. Cisco aims to expand its ...
Cisco stock slumped Thursday as Wall Street digested its $28 billion acquisition of artificial intelligence-powered cloud and cybersecurity firm Splunk—the biggest acquisition in Cisco’s history.
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