Atlassian Is Up +60% in Three Months—What's Causing the Rally?

Atlassian Today TEAM Atlassian $226.00 +0.43 (+0.19$135.29 ▼ $258.69 Price Target$243.16 Add to Watchlist Atlassian NASDAQ: TEAM is a tech stock that has been on the rise big-time lately after suffering a difficult first seven months of 2024. The stock's 52-week low was back on Aug. 7. At that point, shares were down 42% during the year. But since then, they have made a massive comeback, up 62%. All in all, shares are still down just over 5% in 2024 but exhibit a positive trend. I'll provi ...