Episode Details

Software stocks plummeted today, with Freshworks and Okta leading the decline, as rising treasury yields and Iran tensions triggered a sell-off. The ten-year yield surged to 4.4%, squeezing SaaS valuations and raising concerns about AIs impact on subscription models. Despite recent wins from peers, Freshworks remains volatile, down 26.1% since January, trading at $8.58, 46.3% below its 52-week high. Expect more swings in these quality names amidst broader software jitters.

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