Both in Cloud & Data Processing
Corvex vs 8x8
Over the past year MOVE returned +63.4% and EGHT returned +12.4%; their daily moves had a correlation of 0.02.
MOVE +63.4% EGHT +12.4%Growth of $1, one year, split-adjusted
| Metric | MOVE | EGHT |
|---|---|---|
| Price | $6.68 | $2.09 |
| Market cap | $210.8M | $301.9M |
| Today | −7.48% | −7.93% |
| 1 month | −41.6% | −9.5% |
| 6 months | −54.6% | −14.3% |
| Year to date | +9.2% | +6.1% |
| 1 year | +38.2% | +12.4% |
| Revenue growth (YoY) | +3590.3% | +4.9% |
| Gross margin | 44.3% | 61.2% |
| Net margin | −337.4% | −0.6% |
| P/E (TTM) | — | 63.4× |
| Price / sales | 47.5× | 0.4× |
| Net cash | $12.2M | -$216.8M |
| Dividend yield | — | — |
| Volatility (60d) | 98.9% | 57.6% |
| Short % of float | 4.5% | 1.9% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).