Atlassian is trading 4.37% up now at $162.02, mainly aligned with broad risk-on sentiment as softer PPI data supported growth stocks and major technology indexes moved higher.

  • The advance extends gains after its August 6 earnings beat and upbeat cloud-demand outlook.
  • Reuters reported Atlassian beat fourth-quarter revenue expectations, and shares rose 35.2% in extended trading.
  • No fresh company-specific announcement clearly explains the August 13 move; earlier earnings momentum likely provided additional support.