Stock Track | Atlassian Plummets 5.13% Intraday on Competitive Concerns from Freshworks

Stock Track02-11

Atlassian Corporation PLC's stock plummeted 5.13% during intraday trading on Wednesday, reflecting significant selling pressure.

The decline comes as Freshworks Inc., a competitor in the software development space, reported a weak annual profit forecast that has raised broader concerns about AI's impact on the software industry. Freshworks' CEO specifically stated that the company is taking market share from incumbents like Atlassian, highlighting increased competitive threats in the sector.

This news has likely contributed to investor anxiety regarding Atlassian's ability to maintain its market position amid industry disruption and heightened competition.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1191609924?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-11 22:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1191609924","market":"sg","top_or_hot":-1,"title":"Stock Track | Atlassian Plummets 5.13% Intraday on Competitive Concerns from Freshworks","media":"Stock Track","content":"<p>Atlassian Corporation PLC's stock plummeted 5.13% during intraday trading on Wednesday, reflecting significant selling pressure.</p><p>The decline comes as Freshworks Inc., a competitor in the software development space, reported a weak annual profit forecast that has raised broader concerns about AI's impact on the software industry. Freshworks' CEO specifically stated that the company is taking market share from incumbents like Atlassian, highlighting increased competitive threats in the sector.</p><p>This news has likely contributed to investor anxiety regarding Atlassian's ability to maintain its market position amid industry disruption and heightened competition.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Atlassian Plummets 5.13% Intraday on Competitive Concerns from Freshworks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Atlassian Plummets 5.13% Intraday on Competitive Concerns from Freshworks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-02-11 22:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Atlassian Corporation PLC's stock plummeted 5.13% during intraday trading on Wednesday, reflecting significant selling pressure.</p><p>The decline comes as Freshworks Inc., a competitor in the software development space, reported a weak annual profit forecast that has raised broader concerns about AI's impact on the software industry. Freshworks' CEO specifically stated that the company is taking market share from incumbents like Atlassian, highlighting increased competitive threats in the sector.</p><p>This news has likely contributed to investor anxiety regarding Atlassian's ability to maintain its market position amid industry disruption and heightened competition.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TEAM","symbol_name":"Atlassian Corporation PLC","start_time":0,"source_url":"","article_id":"1191609924","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1191609924","pubTimestamp":1770821405,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Atlassian Corporation PLC's stock plummeted 5.13% during intraday trading on Wednesday, reflecting significant selling pressure.The decline comes as Freshworks Inc., a competitor in the software...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TEAM":"Atlassian Corporation PLC"},"translate_title":"个股追踪|Atlassian盘中暴跌5.13%受Freshworks竞争担忧影响","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TEAM":1},"content_text":"Atlassian Corporation PLC's stock plummeted 5.13% during intraday trading on Wednesday, reflecting significant selling pressure.The decline comes as Freshworks Inc., a competitor in the software development space, reported a weak annual profit forecast that has raised broader concerns about AI's impact on the software industry. Freshworks' CEO specifically stated that the company is taking market share from incumbents like Atlassian, highlighting increased competitive threats in the sector.This news has likely contributed to investor anxiety regarding Atlassian's ability to maintain its market position amid industry disruption and heightened competition.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1191609924","isCrawlerRequest":true}