CLDR Stock Plummets 40%, But ETFs With Cloudera Allocations Hold Up
June 06, 2019 at 15:18 PM EDT
Cloudera Inc. (CLDR) was pounded on Thursday as analysts processed the company’s anemic outlook as well as its disclosure that its chief executive would be stepping down. A handful of analysts cut their ratings on the stock following the first-quarter report, arguing that it will take time for the...