2026-01-20
Software stocks correction has been brutal. Drawdowns from 52w highs 👇 $FIG Figma −78% $DUOL Duolingo −72% $HUBS HubSpot −63% $MNDY Monday −61% $TEAM Atlassian −61% $GTLB GitLab −53% $NOW ServiceNow −45% $ORCL Oracle −45% $IOT Samsara −45%...
Bloomberg
Anthropic's Claude Cowork launch revives investor fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley's SaaS index is down 15% YTD
The new year was supposed to bring opportunities for beaten-down software stocks. Instead, the group is off to its worst start in years.
2026-01-19
Software stocks correction has been brutal. Drawdowns from 52w highs 👇 $FIG Figma −78% $DUOL Duolingo −72% $HUBS HubSpot −63% $MNDY Monday −61% $TEAM Atlassian −61% $GTLB GitLab −53% $NOW ServiceNow −45% $ORCL Oracle −45% $IOT Samsara −45% $S SentinelOne −44% $DDOG [image]
Bloomberg