Elastic (NYSE:ESTC) Shares Down 5.5% – What’s Next?

Elastic N.V. (NYSE: ESTC - Get Free Report) traded down 5.5% on Friday. The company traded as low as $42.20 and last traded at $42.5160. 382,005 shares traded hands during trading, a decline of 82% from the average session volume of 2,070,511 shares. The stock had previously closed at $45.00. Wall Street Analyst Weigh In