The Motley Fool explains why Alteryx’s stock is down today. Alteryx (NYSE: AYX), a data-analytics software company, had its stock fall today as investors responded to reports that Broadcom (NASDAQ: AVGO) was in talks to buy SAS Institute, a privately held competitor of Alteryx. Investors interpreted the news as a sign of increased competition, and Alteryx stock fell 4.6 percent on the day. Broadcom is preparing to buy SAS Institute in a deal worth between $15 billion and $20 billion, according to The Wall Street Journal, which broke the news first./n
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