Persistent Systems Shares Plunge Over 9% Following Q1 Earnings

Persistent Systems' stock price fell significantly after the release of its latest financial results.

This means the company didn't perform as well as some investors hoped.

The stock opened lower and continued to drop.

While some analysts are still recommending to buy the stock, they have adjusted their price targets based on the company's performance.

Some expect the company to still do well in the future and believe the stock has room to grow, despite current performance.

This drop happened after the company announced how much money it made and how it is doing in the recent months.