"Pivotal trades at a loss but revenue is growing. Having said that, in its report to investors last month, after the release of its first quarter results for FY 2020, the company issued revenue projections that were lower than expected. Shares immediately suffered a more than 40 per cent fall and have not yet recovered. They're currently cruising along at about $10 apiece, five bucks below its 2018 IPO opening price of $15."
"Pivotal trades at a loss but revenue is growing. Having said that, in its report to investors last month, after the release of its first quarter results for FY 2020, the company issued revenue projections that were lower than expected. Shares immediately suffered a more than 40 per cent fall and have not yet recovered. They're currently cruising along at about $10 apiece, five bucks below its 2018 IPO opening price of $15."
Interesting that the IPO price was also $15.