CLDR Stock Plummets 40%, But ETFs With Cloudera Allocations Hold Up
This article was originally published on ETFTrends.com.
Cloudera Inc. (CLDR) was pounded on Thursday as analysts processed the company’s anemic outlook as well as its disclosure that its chief executive would be stepping down. A handful of analysts cut their ratings on the stock following the first-quarter report, arguing that it will take time for the company to turn its business around and [...]