Why Phreesia Stock Plummeted by 23% Today

The company's third-quarter performance wasn't nearly as bad as the investor reaction to it might suggest.The stock of healthcare provider services specialist Phreesia (PHR 23.31%) wasn't looking all that healthy on Tuesday. Investors were clearly displeased with the company's latest quarterly earnings release, and they expressed this sentiment by selling their stock. It fell by more than 23% that trading session. Double-digit improvementsPhreesia published its third quarter of fiscal 2026 figures after mar ...