Is It Time To Reassess Atlassian (TEAM) After A 73% Share Price Slide
- If you are wondering whether Atlassian shares are starting to look interesting at today’s price, this article will walk through what the current market value actually reflects and what it might be missing.
- Atlassian’s share price closed at US$86.97, with returns of a 17.2% decline over 7 days, 40.6% decline over 30 days, 43.8% decline year to date and 72.7% decline over the past year. Even the 3 year and 5 year returns of 53.6% decline and 65.3% decline respectively show how much sentiment has shifted recently.
- Recent coverage around Atlassian has largely focused on how collaboration and software companies are being repriced as investors reassess growth expectations and risk appetite for the sector. This broader reset provides…
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