What Will Happen to Apptio, Inc. (APTI) Next? The Stock Just Increased A Lot

February 15, 2018 - By Kurt Siggers

The stock of Apptio, Inc. (NASDAQ:APTI) is a huge mover today! The stock increased 5.19% or $1.31 during the last trading session, reaching $26.54. About 1.08 million shares traded or 120.74% up from the average. Apptio, Inc. (NASDAQ:APTI) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 8 months positive chart setup for the $1.08B company. It was reported on Feb, 15 by Barchart.com. We have $28.93 PT which if reached, will make NASDAQ:APTI worth $96.93M more.

More recent Apptio, Inc. (NASDAQ:APTI) news were published by: Prnewswire.com which released: “Apptio, Inc. Completes Acquisition Of Digital Fuel From Skyview Capital” on February 02, 2018. Also Streetinsider.com published the news titled: “Form SC 13G/A Apptio Inc Filed by: JANUS CAPITAL MANAGEMENT LLC” on February 06, 2018. Prnewswire.com‘s news article titled: “Apptio Announces Results for the Fiscal Fourth Quarter and Full Year 2017” with publication date: February 05, 2018 was also an interesting one.

Apptio, Inc. provides cloud-based technology business management solutions to enterprises. The company has market cap of $1.08 billion. The Company’s cloud platform and SaaS applications enable IT leaders to analyze, optimize, and plan technology investments, and to benchmark their financial and operational performance against peers. It currently has negative earnings. The companyÂ’s TBM solutions consist of adaptive data management, which aggregates, cleanses, and correlates large amounts of customer data from various sources; and standard IT operating model and taxonomy that provides a standard model for how IT costs are captured, categorized, and allocated to IT services and business services.

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