EGHT Falls 23% in a Year: Should You Buy, Sell or Hold the Stock?

8x8 (EGHT) shares have plunged 23.4% in the trailing 12-month period, outperforming the Zacks Computer & Technology sector’s return of 27.1% and the Zacks Internet Software industry’s appreciation of 31.5%.This global provider of cloud-based contact center as-a-service (CCaaS) and unified communications-as-a-service (UCaaS) software has underperformed its closest peers, such as Zoom Communications (ZM) , RingCentral (RNG) and Twilio (TWLO) , over the same timeframe. While TWLO and ZM shares have appreciated ...