Elastic N.V. (ESTC) shares gained 6.53% today (2023-11-07). Is it the right time to buy?

What’s happening at Elastic N.V. (NYSE:ESTC)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 6.53% (or 4.65 points) to $75.90 from its previous close of $71.25. So is it the right moment to buy?
Read more: Elastic N.V. (ESTC) shares gained 6.53% today (2023-11-07). Is it the right time to buy?