Zuora Inc (NYSE: ZUO) shares are trading lower by 20.21% to $5.74 after the company issued fourth-quarter and FY23 revenue guidance below estimates.
What Happened?
The CNN Money Fear and Greed index showed an improvement in market sentiment, with the index moving to the "Neutral" zone on Tuesday.
U.S. stocks closed higher on Tuesday, with the S&P 500 recording its biggest daily percentage surge since April 27 following the release of inflation data.