1 Software Stock with Exciting Potential and 2 We Brush Off
Yahoo Finance
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Software is rapidly reducing operating expenses for businesses. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier, but they have weighed on the returns lately as the industry has pulled back by 15. 8% over the past six months.
This drawdown is a noticeable divergence from the S&P 500’s 7. 9% return.
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Original source: Yahoo Finance