Software Stocks Experience Best Month Since 2001 Amid 'SaaSpocalypse' Subsidence

Software stocks concluded their strongest month since 2001, with companies like Snowflake and Okta seeing significant gains as investor concerns over a 'SaaSpocalypse' have diminished.

29 May, 21:14 — 29 May, 21:14

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cnbcMostly Factual94d ago

Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides

Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.

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Software Stocks Experience Best Month Since 2001 Amid 'SaaSpocalypse' Subsidence

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Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides

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