Why Teradata Plunged Today

The data specialist beat estimates but issued disappointing guidance. Are shares cheap enough to buy now? Shares of hybrid cloud data manager Teradata (TDC -14.38%) fell 13.3% on Tuesday, as of 1:25 p.m. ET. The software company fell following its third-quarter earnings report. While beating analyst expectations for both revenue and adjusted earnings per share (EPS), management issued guidance that was somewhat conservative on the growth of its cloud business. Migration to cloud leads to noisy results For t ...