04.04.2018 21:47:00
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Cloudera Continues To Post Steep Loss In Late-Day Trading
(RTTNews) - After gapping open sharply lower, shares of Cloudera (CLDR) continue to see substantial weakness in late-day trading on Wednesday. Cloudera is currently down by 40 percent after hitting a record intraday low.
The initial sell-off by Cloudera came after the cloud software company reported fiscal fourth quarter results that beat estimates but forecast considerably slower growth.
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