Software Stocks Hit All-Time Highs as Equal-Weight XSW Moves Ahead
Photo: TokenPost
Software stocks have reached all-time highs, while the equal-weight State Street SPDR S&P Software & Services ETF (XSW) moved ahead of its cap-weighted counterpart. XSW’s relative performance points to strength across the software industry. The move follows Jim Cramer’s earlier description of the “SaaSpocalypse” as a canard , referring to concerns about software stocks. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
