Shares of multi-channel marketing solutions provider Braze, Inc. (BRZE) jumped 17.5% after the company delivered second-quarter earnings that surpassed expectations and established a 21% annual revenue growth target. The company reported revenue of $180 million, with artificial intelligence and OfferFit integration making substantial contributions to the results.
Although the stock has declined year-to-date, strong buy ratings from analysts have provided support for the stock's recent performance.