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Why Is It Moving? Analyzing The Upward Movement in Splunk's Stock Today

March 4, 2021 10:33 am
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Splunk's Stock Price And Volume Action

Splunk's (NASDAQ:SPLK) stock is trading up 2.35% to a price of $145.75. The stock's current volume for the day is 1.75 million, which is approximately 80.44% of its previous 30-day average volume of 2.17 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Splunk shares are trading higher after the company reported better-than-expected Q4 EPS and Sales results.

Further Analysis of Recent Price Action

The stock's 50-day moving average was $167.27 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $225.89 and fallen to a low of $93.92.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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