Salesforce Stock Is at Risk as Other Software Stocks Tank

It’s been an eventful week for tech stocks, and the software sector in particular has made headlines. So far, we’ve seen one of the biggest short-term moves out of momentum and growth shares and into value names since at least 2011. Stocks like Alteryx (NYSE:AYX) — the cream of the crop for software as a service names — are down 20% in a few days. Meanwhile, left for dead companies in the old economy, like retail and energy firms, are suddenly surging.

https://investorplace.com/2019/09/salesforce-stock-is-at-risk-as-other-software-stocks-tank/