Atlassian rises as company reportedly announces price increases, Mizuho says
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Atlassian (NASDAQ:TEAM) shares rose more than 2% on Monday as investment firm Mizuho Securities said it has learned that the project management software company announced a series of price increases.
Analyst Gregg Moskowitz noted that New York City-based Atlassian (TEAM) increased the price of the cloud versions of Jira Software, Confluence and Jira Service Management, with the price increase effective October 18.

Moskowitz added that the increase in prices is roughly the equivalent of a mid-single-digit raise, though the company increased pricing on Jira Service Management by upwards of 20%.
Atlassian (TEAM) did not immediately respond to a request for comment from Seeking Alpha.


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