Atlassian stock dropped 8% a day after it reported earnings, but Wall Street has 'no fear' about its future

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A day after Atlassian reported Q3 earnings, its stock dropped 8%. Wall Street explains why it happened and why they still believe Atlassian will grow.

Desk, another IT product. This would position Atlassian to compete better against companies like ServiceNow.

"Last week we spent 48 hours at Atlassian's customer conference and compared to other conferences, the interest, excitement and respect for Atlassian's products was easily in the top decile in terms of positivism," Davis wrote in his note.

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Kocdur sctandogdu

SAI Atlassian products are excellent. Those trying to affect its image or value would only benefit competitors or those wishing to buy them out. Please hold the line, Atlassian. You created outstanding products that only you understand & will help build the success of others.

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