SEMR

Monday Sector Laggards: Information Technology Services, Application Software Stocks

In trading on Monday, information technology services shares were relative laggards, down on the day by about 0.8%. Helping drag down the group were shares of SEMrush Holdings, off about 7% and shares of Globant off about 6.7% on the day.

Also lagging the market Monday are application software shares, down on the day by about 0.3% as a group, led down by Intrusion, trading lower by about 7.7% and Sprout Social, trading lower by about 5.7%.

VIDEO: Monday Sector Laggards: Information Technology Services, Application Software Stocks

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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