As SaaS stocks set new records, Atlassian’s earnings show there’s still room to grow

TechCrunch | 1/24/2020 | Staff
iVchaniVchan (Posted by) Level 3
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

SaaS stocks had a good run in late 2019. TechCrunch covered their ascent, a recovery from early-year doldrums and a summer slowdown. In 2020 so far, SaaS and cloud stocks have surged to all-time highs. The latest records are only a hair higher than what the same companies saw in July of last year, but they represent a return to form all the same.

SaaS - Companies - Prior

Given that public SaaS companies have now managed to crest their prior...
(Excerpt) Read more at: TechCrunch
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