SolarWinds Corp is a software company that specializes in providing IT management solutions designed to optimize network performance and increase the efficiency of IT operations
The company's products and services cater to a wide range of needs, including network monitoring, systems management, database management, and application performance management. By offering a suite of tools that help organizations manage their IT resources effectively, SolarWinds aims to empower IT professionals to enhance productivity, resolve issues swiftly, and facilitate seamless operations in complex technological environments.
Top mid-cap stock performers last week: Kingsoft Cloud up 34.77%, Oklo Inc. up 33.36%, AST SpaceMobile up 30.98%, VNET Group up 29.12%, Teladoc Health up 27.46%, GDS Holdings up 25.68%, Magnite up 23.08%, SolarWinds up 23.05%, Lions Gate Entertainment up 22.68%, IREN Limited up 22.02%.
Companies Reporting Before The Bell • Ares Management (NYSEARES) is expected to report quarterly earnings at $1.09 per share on revenue of $864.54 million.
Goldman Sachs analyst downgrades E2open Parent Holdings from Neutral to Sell, lowering price target from $3.5 to $2.9. Despite undemanding valuation, lack of growth visibility and high leverage will likely weigh on stock.
The SEC charged four major companies for misleading disclosures about cybersecurity risks and breaches, including SolarWinds attack. Companies will pay fines and improve cybersecurity practices.
We made it to the end of a holiday-shortened week. It was a slow week of day trading, but I’m happy with how it finished. Let’s break it down in today’s recap.
