Why Enterprise Software Stocks Snowflake, Datadog, and Twilio Fell 2% Today

Why Enterprise Software Stocks Snowflake, Datadog, and Twilio Fell 2% Today
·2 min read

Shares of enterprise software stocks dipped Monday in the wake of last week's rally. Shares of Snowflake (NYSE: SNOW), Datadog (NASDAQ: DDOG), and Twilio (NYSE: TWLO) were down 2.3%, 2.1%, and 1.9%, respectively, as of the close of trading. The Nasdaq Composite Index fell just 0.7% on the day.