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E2open Parent Holdings Rises 6%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Shares of software company E2open Parent Holdings, Inc. (ETWO) are up 6 percent on Tuesday's trading despite there being no company announcement to impact the stock.

Recently, the company reported second quarter 2022 net loss of $24.0 million, wider than net loss of $17.5 million in the same quarter of last year.

Quarterly revenues declined 4.6 percent to $78.1 million from $81.8 million in the year-ago quarter.

Currently at $11.65, the stock has traded between $8.26 and $14.58 during the past 52 weeks.

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