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Stock impact report

BILL, American Express Global Business Travel, and DigitalOcean Shares Are Falling, What You Need To Know [Yahoo! Finance]

DigitalOcean Holdings, Inc. (DOCN) 
Company Research Source: Yahoo! Finance
The market witnessed a "basket-style reaction," a term for when investors reduce exposure to an entire segment without differentiating between individual company business models. The negative sentiment was widespread, pulling down all of the Magnificent Seven stocks and sending the S&P 500 Information Technology Sector down nearly 3%. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Finance and Accounting Software company BILL (NYSE:BILL) fell 9.9%. Is now the time to buy BILL? Access our full analysis report here, it's free. Spend Management Software company American Express Global Business Travel (NYSE:GBTG) fell 11.7%. Is now the time to buy American Express Global Business Travel? Access our full analysis report here, it's free. Data Storage company DigitalOcean (NYSE:DOCN) fell 5.4%. Is now the time to buy DigitalOcean? Access our full analysis report he Show less Read more
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