Posted by: Market Watch in Market Information 39 minutes in the past Shares of Coupa Software program Inc. fell 1.9% in morning buying and
Shares of Coupa Software program Inc. fell 1.9% in morning buying and selling Monday, after the enterprise software program firm introduced a deal to purchase AI-powered provide chain administration firm LLamasoft for $1.5 billion. “We’re witnessing an unprecedented shift in what companies are demanding to successfully handle their provide chains. They want instantaneous visibility, agile planning capabilities, and well timed danger mitigation help,” stated Coupa Chief Govt Rob Bernshteyn. “LLamasoft’s deep provide chain experience and complicated knowledge science and modeling capabilities, mixed with the roughly $2 trillion of cumulative transactional spend knowledge we’ve in Coupa, will empower companies with the intelligence wanted to pivot on a dime.” Coupa’s inventory has run up 79.6% yr up to now, whereas the S&P 500 has gained 2.3%.Market Pulse Tales are Speedy-fire, quick information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra data on this information.
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