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• If you are wondering whether Atlassian is starting to look interesting at current levels, this article will walk through what the recent share price means for the stock’s underlying value.

• Atlassian’s share price closed at US$84.38, with returns of a 10.9% decline over 7 days, 36.1% decline over 30 days, 45.5% decline year to date, 73.1% decline over 1 year, 49.9% decline over 3 years, and 67.3% decline over 5 years, which naturally raises questions about how the market views its growth prospects and risk profile.

• Recent coverage has focused on Atlassian as a major player in workplace…