PATH

Tuesday Sector Laggards: Application Software, Information Technology Services

In trading on Tuesday, application software shares were relative laggards, down on the day by about 2.5%. Helping drag down the group were shares of UiPath, down about 9.5% and shares of TON Strategy down about 9.3% on the day.

Also lagging the market Tuesday are information technology services shares, down on the day by about 2.3% as a group, led down by Concentrix, trading lower by about 22.9% and Coinbase Global, trading lower by about 7.9%.

Tuesday Sector Laggards: Application Software, Information Technology ServicesVIDEO: Tuesday Sector Laggards: Application Software, Information Technology Services

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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