Why Couchbase Stock Rocked the Market on Wednesday

Cloud database specialist Couchbase (BASE 4.01%) enjoyed a nice jump in share price on Wednesday following the release of its latest set of quarterly and annual financial results for fiscal 2024. Investors rewarded the company for its better-than-expected quarter by pushing the stock's price up by 4%. That was a far higher rise than the 0.5% advance of the S&P 500 index.Convincing beats on the top and bottom lines for the fourth quarterIn said quarter, Couchbase took in revenue of slightly over $50 million. ...