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Five9 Is Trading Sideways, But For How Long?

July 1st, 2019 · No Comments

  • The company is cementing its position with big customers, an increasing ecosystem of partners, and an ever more sophisticated product offering.
  • While the shares have been trading sideways, we don’t see much room for valuation multiple expansion.
  • Longer term, unless market sentiment deteriorates markedly, the breakout is almost certainly on the upside, for instance, in anticipation of solid Q4 numbers.

Source: Five9 Is Trading Sideways, But For How Long? – Five9, Inc. (NASDAQ:FIVN) | Seeking Alpha

Tags: FIVN