Elastic N.V. (ESTC) shares are sliding more than 14 percent on Friday morning trade, despite improved third-quarter results. The shares plunged from a year-to-date high.
Currently, shares are at $114.00, down 15.02 percent from the previous close of $133.81.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.