Workflow
Why Atlassian Stock Jumped to a 2-Year High Today
TEAMAtlassian (TEAM) The Motley Fool·2025-01-31 17:42

Shares of work management software company Atlassian (TEAM 16.46%) jumped to a two-year high on Friday after the company reported financial results for its fiscal second quarter of 2025. Investors seem to be particularly encouraged by some big contract wins in Q2. And this is why Atlassian stock was up a whopping 18% as of 10:30 a.m. ET.Atlassian under-promised and over-deliveredBack in the first quarter, Atlassian's growth rate for deferred revenue accelerated, suggesting that it could have some revenue su ...