Site icon Market Globalist

8×8 Inc. (EGHT) Stock prices slipped in the after-hours on Friday, But, WHY?

SLQT Stock

SLQT Stock

8×8 Inc. (EGHT) shares lost 6.73% in after-hours on Friday, July 9, 2021, and closed the day at $25.2101. Earlier in the morning session, EGHT’s stock gained 1.24% to close Friday’s session at $27.03. EGHT shares have risen 65.52% over the last 12 months, and they have moved down 1.85% in the past week. Over the past three months, the stock has lost 16.88%, while over the past six months, it has declined 20.52%.

>> 7 Top Picks for the Post-Pandemic Economy << 

Let’s have a brief look at its recent news.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


8×8 XCaaS received more service contract

On June 3, 2021, 8×8, Inc announced that Platform Housing Group will extend their 8×8 Experience Communications as a Service (XCaaS) deployment by adding 8×8’s Communications Platform as a Service (CPaaS) Video Interaction for improved employee and customer engagement.

Read More

Strategic Partnership with Sandler Partners

On May 26, 2021, 8×8, Inc announced a strategic partnership with Sandler Partners. The partnership allows Sandler Partners to provide its more than 9,000 technology partners with 8×8 Experience Communications as a Service (XCaaS.

New cloud communications model XCaaS

On May 18, 2021, 8×8, Inc today announced Experience Communications as a Service, a cloud communications deployment model that erases the boundary between Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS). With XCaaS, organizations can support the communications requirements of all employees as they work together to deliver differentiated customer experiences.

Recent financial results announcement

On May 10, 2021, 8×8, Inc released its financial results for the fourth quarter and full-year fiscal 2021 ended March 31, 2021.

Q4 2021 financial highlights

FY-2021 financial highlights


There is no recent news which we could link with its early gains and later sliding in the after-market session on Friday. we hope that EGHT will commence the new week in a positive mode.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Exit mobile version