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eGain Up 50% In A Day, What’s Going On?

February 11th, 2019 · No Comments

  • This is a stock that is used to big and sudden jumps on earnings, but underlining growth is healthy.
  • It’s masked by a shift in business model towards a cloud based SaaS platform, its declining legacy business reduced headline growth.
  • But business development is sound and the optical effect of the change in business model will wear off and the benefits will remain.

Source: eGain Up 50% In A Day, What’s Going On? – eGain Communications Corp. (NASDAQ:EGAN) | Seeking Alpha

Tags: EGAN