Advertisement
Canada markets closed

  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CAD/USD

    0.7316
    -0.0007 (-0.09%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • Bitcoin CAD

    85,676.39
    -2,088.71 (-2.38%)
     

  • CMC Crypto 200

    1,314.30
    -82.23 (-5.90%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     

  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

Why Smartsheet Stock Bucked the Market Trend and Was Gaining Ground Friday

Danny Vena, The Motley Fool
·2 min read
Why Smartsheet Stock Bucked the Market Trend and Was Gaining Ground Friday

Shares of Smartsheet (NYSE: SMAR) surged out of the gate Friday, jumping as much as 16.5%, before being weighed down by the falling market. The catalyst that sent the workflow management software provider higher was a financial report that exceeded already bullish expectations. For its fiscal 2022 third quarter (ended Oct. 31), Smartsheet delivered revenue of $144.6 million, up 46% year over year, driven by subscription revenue of $132.6 million, also up 46%.

Continue reading