No. of Recommendations: 2
It is an interesting data point, but here are a few more FK candidates, already:
Zscaler, Inc. (ZS)
Price 12 Months Ago: $257.30, 1 Month Ago: $134.11, Low Last Month: $125.66, Price Today: $126.16, down 31.25%.
Business: Provides cloud-based zero-trust cybersecurity solutions that securely connect users, devices, and applications. Market Cap: $20.28B. P/E Ratio: Negative (Unprofitable).
Drop Reason: Shares plunged over 31% today after management unexpectedly cut its full-year free cash flow margin guidance due to surging hardware and data center costs and sales org churn.
Verra Mobility Corporation (VRRM)
Price 12 Months Ago: $24.11, 1 Month Ago: $14.89, Low Last Month: $3.40, Price Today: $3.76, down -71.18%.
Business: Provides smart mobility technology solutions, including automated tolling and traffic safety enforcement systems. Market Cap: $571.17M. P/E Ratio: 4.59
Drop Reason: Avis Budget Group abruptly terminated its commercial services contract with Verra, wiping out over $135 million in annualized high-margin revenue and forcing a sharp cut to full-year guidance.
