Shares of software companies are trading lower. The sector may be falling amid sympathy for overall market weakness after ASML and UnitedHealth Group reported Q3 results.
Portfolio Pulse from Benzinga Newsdesk
Software companies' shares are trading lower, likely due to overall market weakness following Q3 results from ASML and UnitedHealth Group.

October 15, 2024 | 6:36 pm
News sentiment analysis
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NEGATIVE IMPACT
APPF shares are trading lower, likely due to market weakness after ASML and UnitedHealth's Q3 results.
APPF is part of the software sector, which is experiencing a downturn due to overall market weakness. This is influenced by the Q3 results of ASML and UnitedHealth, which have impacted market sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
CDNS shares are trading lower, likely due to market weakness after ASML and UnitedHealth's Q3 results.
CDNS, as part of the software sector, is affected by the overall market sentiment, which is negative following the Q3 results of ASML and UnitedHealth.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
INTZ shares are trading lower, likely due to market weakness after ASML and UnitedHealth's Q3 results.
INTZ is part of the software sector, which is experiencing a downturn due to overall market weakness. This is influenced by the Q3 results of ASML and UnitedHealth, which have impacted market sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
MTC shares are trading lower, likely due to market weakness after ASML and UnitedHealth's Q3 results.
MTC, as part of the software sector, is affected by the overall market sentiment, which is negative following the Q3 results of ASML and UnitedHealth.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
SNPS shares are trading lower, likely due to market weakness after ASML and UnitedHealth's Q3 results.
SNPS is part of the software sector, which is experiencing a downturn due to overall market weakness. This is influenced by the Q3 results of ASML and UnitedHealth, which have impacted market sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
VERB shares are trading lower, likely due to market weakness after ASML and UnitedHealth's Q3 results.
VERB, as part of the software sector, is affected by the overall market sentiment, which is negative following the Q3 results of ASML and UnitedHealth.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
ZENA shares are trading lower, likely due to market weakness after ASML and UnitedHealth's Q3 results.
ZENA is part of the software sector, which is experiencing a downturn due to overall market weakness. This is influenced by the Q3 results of ASML and UnitedHealth, which have impacted market sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50