(Bloomberg) -- Tableau Software Inc. is having to adjust to a new reality -- going from one of the fastest-growing data analysis software companies to one that may have bitten off more than it can chew.
The company’s stock, which topped $128 in July, closed at $37.22 on Feb. 8 after license revenue missed analysts’ estimates for the first time. Chief Executive Officer Christian Chabot blamed a weakening economy but is also taking responsibility for a mismanaged, rapid staff expansion that left some new sales employees under-trained and not selling enough.
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