Software Sector Recovers: Bandwidth, Commerce, Paycom Lead Afternoon Gains - News and Statistics

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Despite geopolitical tensions, the software sector saw a recovery in afternoon trading, with Bandwidth, Commerce, and Paycom experiencing gains. Investors perceived enterprise software as a fundamental long-term holding, suggesting that market dips can offer buying opportunities for strong equities. Commerce’s stock notably increased by 7% following its board’s implementation of a “poison pill” to fend off an undervalued takeover bid.

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