The selling of shares by the CEO was large. Also, enterprise software is in a bear market.
Stock price when the opinion was issued
Software infrastructure connecting businesses to the cloud and the internet of things. Is -9% this year on worries that this economy will make enterprise customers less likely to buy their products.
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Davis Rea
5i Research
CNBC
Stockchase Premium
Stockchase
The selling of shares by the CEO was large. Also, enterprise software is in a bear market.