Bazaarvoice (BV) Rebounds; Firm Says Market 'Overreacted' to DoJ Suit

Article Related Articles (1) Stock Quotes (1) Comments (0)

Bazaarvoice (Nasdaq: BV) is well off of session lows amid news that a positive blog post will be published on Wednesday by one Kerrisdale Capital.

Kerrisdale is expected to say that Bazaarvoice is cheaper than SaaS cloud enterprise peers and that the market "overreacted" to the U.S. DoJ suit. The firm emphasized that Bazaarvoice is the "dominant player" in the niche.

Kerrisdale's Twitter account is here.

Shares are down 26 percent for the first few weeks of 2013, versus Bloomberg Industries' Global Small Application Software Valuation Peers, which is up 5.4 percent.

After hitting an annual low of $6.37 on the session, shares are up 4.8 percent Tuesday.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Bulls and Bears Do Battle in Aeropostale (ARO); Turnaround Intact?
• Needham & Company Boosts Numbers on Infoblox (BLOX) on Strong Q3
• UPDATE: MKM Partners Downgrades Alkermes (ALKS) to Sell

Create E-mail Alert Related Categories

Analyst Comments, Trader Talk

Related Entities

Twitter

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?