These 10 Firms Were Heavily Hit on Friday

2. Informatica Inc. (NYSE:INFA)

Informatica plummeted by 21.53 percent on Friday, the second day, ending the day down to $19.75 apiece after reporting mixed earnings performance last year.

In a statement, INFA saw net income in the past quarter fell 85 percent to $9.754 million from $64.261 million in the same period last year, while revenues dipped 3.8 percent to $428 million from $445 million year-on-year.

Despite lower net profit for the quarter, INFA swung to a net income of $9.93 million in full-year 2024, reversing a net loss of $125 million posted in 2023.

Revenues for the year also inched up by 2.8 percent to $1.64 billion from $1.59 billion year-on-year.

INFA is a leading enterprise in AI-powered cloud data management, bringing data and AI to life by empowering businesses to realize the transformative power of their most critical assets.