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July 13, 2020 08:37 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/BsbtuOT7rGk/
SaaS and cloud stocks finally give back ground
After a heated run, SaaS and cloud stocks dipped sharply during regular trading on Monday. According to the category-tracking Bessemer cloud index, public SaaS and cloud stocks dropped around 6.5% today, a material blow to the value of some of the world’s most highly valued companies, measured by sector-averaged revenue multiples. After recovering all their […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/BsbtuOT7rGk/
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