Own AMPL stock? This Is the 1 Thing to Watch Now.
During that period, a fast-expanding cloud-based analytics company specializing in product analysis was thriving, with tech stocks continuing to surge due to pandemic-induced upsurges. Yet, Amplitude experienced a significant decline during the 2022 tech market downturn. Its stock value dropped sharply, and growth stagnated as numerous clients found they had overestimated their demand for its services – similar to many other software products – as the tech sector’s dominance waned slightly in the economic recovery post-pandemic shutdowns.