Shares of software stocks are trading lower in sympathy with Oracle, which fell after issuing soft guidance.
Portfolio Pulse from Benzinga Newsdesk
Software stocks are trading lower in sympathy with Oracle, which fell after issuing soft guidance. Stocks potentially affected include ADSK, MDB, NOW, PANW, SAP.
September 12, 2023 | 7:44 pm
News sentiment analysis
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NEGATIVE IMPACT
Autodesk's stock is trading lower in sympathy with Oracle's soft guidance.
Autodesk's stock is trading lower due to the negative sentiment in the software sector caused by Oracle's soft guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
MongoDB's stock is trading lower in sympathy with Oracle's soft guidance.
MongoDB's stock is trading lower due to the negative sentiment in the software sector caused by Oracle's soft guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
ServiceNow's stock is trading lower in sympathy with Oracle's soft guidance.
ServiceNow's stock is trading lower due to the negative sentiment in the software sector caused by Oracle's soft guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
Palo Alto Networks' stock is trading lower in sympathy with Oracle's soft guidance.
Palo Alto Networks' stock is trading lower due to the negative sentiment in the software sector caused by Oracle's soft guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
SAP's stock is trading lower in sympathy with Oracle's soft guidance.
SAP's stock is trading lower due to the negative sentiment in the software sector caused by Oracle's soft guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75