Advertisement

Why Veeva Systems Tumbled on Thursday

Why Veeva Systems Tumbled on Thursday

On an up day for the stock market in general, Veeva Systems (NYSE: VEEV) was a downer on Thursday. On average, prognosticators following the stock were anticipating just under $466 million on the top line, and a per-share adjusted net profit of $0.88. Regardless, Veeva sounded a very upbeat note about its mid-term future.