🔴 TEAM is trading 7.89% down today on major cloud infrastructure outage affecting Jira services

TEAM is trading at $85.08 (-7.89%) following a major infrastructure outage from its public cloud provider that has disrupted core services.

• Multiple platforms, including Jira, are facing functionality issues as of May 8, 2026, with the incident currently ongoing.
• Atlassian technical teams are actively working with the third-party provider to restore service stability.
• The stock's sharp decline highlights company-specific disruption, diverging from the broader NASDAQ index which is up 1.19%.