Apr. 23 at 6:47 PM
Software is getting hit hard across the board—this is a broad de-risking tape, not isolated misses.
👉Click to view @NasdaqPulse for timely updates amid the volatility.
Today’s losers snapshot:
$SAP ↓ 5% |
$GTLB ↓ 6% | ADBE ↓ 7.4% | ACN ↓ 6.9%
$CRM ↓ 7.8% | ADSK ↓ 5.2% | DDOG ↓ 4.5%
$MSFT ↓ 2.77% | SNOW ↓ 6.4% | NOW ↓ 14.3%
NOW stands out as the clear stress point—double-digit drawdown signaling repricing of growth + margins simultaneously. The rest look like correlated beta unwinds in high-multiple SaaS.
This isn’t single-name failure… it’s sector multiple compression under pressure.
I’m positioned in SAP, ADBE, CRM, and ACN—treating this more as rotation + valuation reset than structural breakdown (for now).
Key tell: whether MSFT stabilizes… or drags sentiment anchor lower.
