Some big moves down again today in MDB,ZS ect. Wish those who know these SaaS stocks better would comment on the big losses and potential recovery. Will they continue to languish here or eventually get back to their recent high evaluations?
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As someone who has lost plenty of money in the market, I feel qualified to answer this one.
Nobody knows.
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Bronze, This is off topic. We don’t guess as to why stocks are moving one way or the other.
We love for people to participate in discussion about high-growth companies, but please bring some data points and research backed opinions to the discussion.
Thank you for your understanding. Please no more comments on this thread.
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WDAY is under pressure after their analyst day. In addition Morgan Stanley did a cautious commentary on the software sector and trimmed targets (YEXT,VMW,PD,MDB,)
Rob
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Very OT
Let’s close it down, no news drops are buy opportunities.
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