First Eagle Global Value Fund Comments on Teradata

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Teradata (NYSE:TDC) is an American provider of database software and analytics. Its shares fell sharply in the second quarter because investors were disappointed with its first quarter results. The entrance of new competitors also hurt the stock, though in contrast to some of these newcomers, Teradata has scalable products that work as advertised.

From First Eagle Global Value Fund's second-quarter 2019 shareholder letter.

This article first appeared on GuruFocus.


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