Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 3886 Registered: 05-2011
Rating: N/A Votes: 0 | Posted on Thursday, January 06, 2022 - 9:11 am: | |
we are finally seeing multiple contraction in Software stocks trading at 20-50x revenues. This is a trade that has been defined more by momentum than fundamentals. Hopefully what this aggressive pullback will allow is more conservative pricing of Tech IPOs we see even further declines in momentum stocks and SPACs. |