zlacker

[return to "Why software stocks are getting pummelled"]
1. franci+Gi2[view] [source] 2026-02-02 20:53:06
>>peteth+(OP)
The iShares Expanded Tech-Software Sector ETF (IGV) seems to backup what the article is saying. It isolate software firms from the IT industry. It is down about 10% last week, and 20% down the past six months. The IT sector as a whole didn't lose much.
◧◩
2. FireBe+cs2[view] [source] 2026-02-02 21:37:53
>>franci+Gi2
I used to work for ServiceNow.

Market Cap over doubled between 2021 and 2025.

But since the start of 2025, it has lost all of that.

13% in the last week. 20% in the last month. Six months is definitely bleaker than those numbers, 37% down.

[go to top]