Maria Vonotna Over the last year, Elastic ( NYSE: ESTC ) has experienced a valuation reset after a post-FQ1 slump and a rapid jump fuelled by its solid FQ2 2024 results. The stock might have been frustrating for many investors, as volatility has been Analyst’s Disclosure: I/we have a beneficial long position in the shares of ESTC, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions.
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