Verint Systems Stock Veers to 52-Week Lows on Earnings Miss
Customer experience and artificial intelligence (AI)-related stock Verint Systems Inc (NASDAQ:VRNT) is plummeting to 52-week lows, down 11.4% at $19.15 at last glance, after the company's disappointing fourth-quarter report. Both earnings and revenue missed estimates, while the midpoint of its full-year guidance came in below expectations as well. Now trading at its lowest levels since November 2023, VRNT is down roughly 30% year-to-date. The equity is trading below all major moving averages, with the 20-da ...