Tech Stocks for 2025: Buy FIVN Down 80% for AI-Boost Upside?
Five9(FIVN) ZACKS·2024-12-13 21:26
Five9, Inc. (FIVN) stock has tanked 80% from its summer 2021 peaks, driven by rising interest rates that saw Wall Street dump stocks trade at massive premiums to future earnings. Five9 shareholders also rejected Zoom’s attempted deal to buy the firm in September 2021.Five9 stock remained on a downward trajectory until this fall. The provider of cloud software for contact centers has soared 40% since early November, fueled by its solid beat-and-raise quarter.Five9’s artificial intelligence-boosted features ...