Why Atlassian Stock Soared Today
Atlassian (US:TEAM) The Motley Fool·2024-11-01 16:42After experiencing a recent slowdown, the company's growth is heating back up.Shares of enterprise software company Atlassian (TEAM 19.64%) soared on Friday after the Australian outfit reported financial results for its fiscal first quarter of 2025. As of 10:30 a.m. ET, Atlassian stock was up about 15%, but it had been up as much as 22% earlier in the day.Atlassian's growth is heating upAtlassian's software remains popular, as evidence by ongoing customer acquisition and spending growth. In its Q1, the comp ...