Skip to Content

Elastic N.V.

Company NameElastic N.V.
Stock SymbolESTC
Status1

On December 4, 2019, after the market closed, Elastic announced its second quarter 2020 financial results, reporting soft billings growth of 41% year-over-year, compared to 51% year-over-year growth reported the previous quarter. Elastic’s officers explained that the Company experienced “some delays in [its] federal government business, as some deals moved out of the month of October” and that the magnitude of the deals “was significant enough that it impacted billings.”

On this news, the Company’s stock price fell $13.98 per share, or nearly 19%, to close at $64.22 per share on December 5, 2019, thereby injuring investors.

 

Submit Your Information

If you suffered a loss on your Elastic N.V. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

Shares Purchased

Number of SharesBuy DatePrice Per ShareAdd

Shares Sold

Number of SharesSell DatePrice Per ShareAdd