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Why Enfusion Stock Surged Today

Why Enfusion Stock Surged Today

Shares of financial-services software company Enfusion (NYSE: ENFN) surged on Tuesday after the company released financial results for the fourth quarter of 2022. As of noon ET, Enfusion stock was up almost 10%. During Q4, Enfusion generated revenue of $40.5 million, which was up more than 27% from the same quarter of 2021.