Zuora Shares Rise 11% in a Year: What Should Investors Do Now?

Zuora (ZUO) shares have appreciated 11% in the trailing 12 months, underperforming the broader Zacks Computer & Technology sector's return of 38.5% and the Zacks Internet Software industry's appreciation of 40.7%. ZUO shares have been facing macroeconomic challenges that have resulted in longer sales cycles and fewer transformational deals. Annual Recurring Revenue (ARR) growth and Dollar-based Retention Rate (DBRR) have been negatively impacted by higher customer churn. However, it has been benefiting from ...