Why Gartner Stock Skyrocketed This Week

Gartner (NYSE: IT) stock surged this week after the information services specialist reported better-than-expected quarterly results. The company's share price climbed 22.9% in the week amid the backdrop of a 3.6% gain for the S&P 500 and a 5.2% gain for the Nasdaq Composite.Gartner's valuation has been under pressure over the last year due to concerns that artificial intelligence (AI) will disrupt its business, but the company's second-quarter results were better than anticipated. The company also raised its full-year guidance and continued to expand its share buyback program. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool