NasdaqGS:INTASoftware
Intapp (INTA) Stock Rally Leans On Firm AI As Losses Deepen
Intapp stock just jumped 12.8% to US$36.96 in the first full trading session after earnings, a sharp move for a software company that still reports losses. The market is reacting to cloud driven momentum rather than headline net income, with fourth quarter revenue at US$152.5m and subscription revenue at US$115m.
Over the past three months the stock has returned close to 49%. That rally now raises a new question for longer term holders: Does the current price fairly reflect Intapp’s push into...