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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.