Why Did Cognyte Software Plunge 46.29%?

On April 28, 2025, Cognyte Software experienced a significant drop of 46.29% in pre-market trading, marking a substantial decline in its stock value.

Cognyte Software's market capitalization as of April 2025 stands at $0.69 billion USD, positioning it as the 6122th most valuable company globally by market cap. This figure reflects the company's current financial standing and its relative size within the broader market landscape.

Cognyte Software's recent market performance has been influenced by various factors, including investor sentiment and market dynamics. The company's competitors and alternatives in the market have also played a role in shaping its stock price movements. As the market continues to evolve, Cognyte Software will need to navigate these challenges to maintain its position and attract investor interest.