Every business and organization faces data that should be turned into information for its stakeholders. Most of them went online already due to the lockdown. Just recall the Wix.com revenue boom within April. Once everyone is operating online must work on data management. Therefore, companies like Splunk need to meet their demands according to their structures, scales, and so on.
Since May 14 SPLK has been growing from $151.42 to $184.26. This is just short-term growth. Look at the mid-term rising scenario. In the first week of April, the stock traded at $102.14. $82.12 change is a very serious indicator for the lucky buyers who, for instance, bought 5000 shares. Just count how much? $410, 600 profit from the simple “buy and wait” strategy.