I have been following VRNT stock for awhile and was really surprised today to see that their stock dropped significantly albeit what seemed to be like good earning reports yesterday. Any takes? https://www.google.com/amp/s/financ...erint-systems-vrnt-q2-earnings-213509015.html ________________________________________________________________ VRNT [NASD] Verint Systems Inc. Technology | Business Software & Services | USA Verint Systems Inc. provides actionable intelligence solutions worldwide. The company's Customer Engagement Solutions segment offers automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, customer communities, desktop and process analytics, and digital feedback solutions. It also provides email engagement, employee desktop, enterprise feedback, financial compliance, full-time recording, gamification, identity and interaction analytics, internal communities, knowledge management, mobile workforce, performance management, robotic process automation, social analytics, speech transcription, speech and text analytics, virtual assistant, voice self-service, voice self-service fraud detection, Web/mobile self-service, work manager, and workforce management solutions. The company's Cyber Intelligence Solutions segment offers cyber security solutions; and intelligence fusion center and Web and social intelligence software that enables collection, fusion, and analysis of data from the Web. It also provides network intelligence suite, which enables security organizations generate critical intelligence from various network, and internal and external open sources; and situational intelligence software that enables security organizations to fuse, analyze, and report information, as well as take action on risks, alarms, and incidents. The company also offers a range of customer services, including implementation and training, consulting, managed, and maintenance and support services. It sells its solutions through its direct sales team; and through indirect channels, such as distributors, systems integrators, value-added resellers, and original equipment manufacturer partners. Verint Systems Inc. has a partnership agreement with Custodia Technology Limited. The company was founded in 1994 and is headquartered in Melville, New York.
Nicho spoke of that ticker today. Bottom post. Stock Futures Jump On Likely U.S. / China Trade Meeting: PANW, WORK, VRNT, CIEN & More In Play https://stockaholics.net/threads/in...ing-trading-market-moving-action.264/page-112
Verint Systems Inc. (NASDAQ: VRNT) fell 10.7% to $48.08. Verint reported upbeat earnings for its second quarter, while sales missed views. The company also issued weak FY20 earnings forecast.
Will we see a recovery of sorts tomorrow? Is this a good place to get in? Currently at $46.40 9/5/2019 Resist 1: 53.93 Resist 2: 58.46 Support 1: 46.60 Support 2: 38.77
I like the company and they seem to be cutting edge with home security and the the military. But I kept off buying because of this: https://finance.yahoo.com/news/investor-alert-kirby-mcinerney-llp-000000449.html Now I’m glad I didnt buy overall!
Poor guidance past, present and future, they are accused of misrepresenting the facts regarding their business.
Gonna wait and see how the day opens tomorrow. If it rebounds by a percent or two I may buy a few. Overall the company is doing ok and I’m not seeing any red flags that warrant a 10% drop at a sustainable level
If you look at it on a weekly level, it looks like it may have a little bit further to drop before testing a more longer-term support
Wow, amazing. I’m still very very new to stocks and learning as I go. I may wait a bit longer Thank you all who participated in this thread and for your insight
The best way to learn more is to keep posting questions/comments about stocks and read other threads where people are posting analysis. The more conversation going on, the more opinions we get out there.
Looks like this company took a deep dive yesterday, and already up 10% I’ve traded it before and made nice 15% gains. Very tempting to jump back in now for a short while.....
Actually wait.. looked too quick.. looks like they merged with another company CGNT and upon reading further, for every share that you own VRNT you get a CGNT one... confusing.... If there’s anyone that can clarify what this means for investors with that company so far... did they lose money today or was it a gain?