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MarketBeat
MarketBeat
Business
Jea Yu

Is Amplitude an AI Sleeper Stock in the Making for 2025?

Amplitude Inc. (NASDAQ: AMPL) is a leading AI-powered product analytics platform enabling companies to better understand how customers engage with their digital products and services. It tracks customers' behaviors and identifies trends and patterns, providing data-driven insights to help businesses improve engagements and make better product decisions. The business services sector fintech has many high-profile clients in diverse industries, including Walmart Inc. (NYSE: WMT), Zoom Communications Inc. (NASDAQ: ZM), Atlassian Inc. (NASDAQ: TEAM), and Intuit Inc. (NASDAQ: INTU).

Amplitude stock is trading down 9.9% year-to-date (YTD) as of Dec. 6, 2024. However, it's trading down 87% from its all-time high of $87.98 in November of 2021.

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