Freshworks (NASDAQ:FRSH) climbs as volume spikes and shorts watch buyback pressures
Freshworks jumped 5.1% to $9.64 on volume 249% above average—surpassing shares sold short—after CEO Dennis Woodside said the company aims to cross $1 billion in ARR this year, has 7,000 paid AI customers, and is targeting GAAP profitability in H2 2026 with high-20% cash-flow margins.