Upland Software's Stock Surges on Q3 Results

Upland Softwares stock surged by eight point seven percent following robust third-quarter results, exceeding Wall Streets expectations for revenue and profit. The company attributed this success to core organic growth, strong adjusted EBITDA margins, and securing large-scale customer wins, particularly in AI-powered products. However, the stocks volatility persists, and the broader tech market experienced a downturn, with investors engaging in profit-taking due to concerns about stretched valuations in AI-related stocks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.