Why Yext Stock Was Slammed on Thursday

Why Yext Stock Was Slammed on Thursday

Yext (NYSE: YEXT), a provider of cloud-based software that helps improve search data, saw its shares tumble on Thursday. The stock's decline was likely driven both by a bearish day in the overall market and the tech company's fiscal fourth-quarter earnings report. For the full year of fiscal 2022, Yext expects growth over fiscal 2021.