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Gartner Stock Drops Despite Positive Earnings and Raised Outlook

  • Gartner (NYSE:IT) beat its own earnings forecasts and raised its full-year outlook.
  • The stock fell nearly 20% on Tuesday morning, settling at about 13% losses by 3:30 p.m. ET.
  • Investors were spooked despite the positive earnings report and raised guidance.
  • Gartner provides research subscriptions, advice, and conferences to business and technology executives.
  • The fourth-quarter forecast disappointed investors, contributing to the stock's decline.
Gartner Stock Drops Despite Positive Earnings and Raised Outlook | Split Angle