US software stocks rebound, ending three consecutive days of decline.
As the overall rebound of the US stock market, the stock prices of software companies also rose on Monday, with a major ETF in the industry ending a three-day decline. The performance of cybersecurity-related stocks outperformed the industry as a whole. The Ansoft Technologies-Software Department ETF rose 3.4%, with standout individual stocks including: Cloudflare up 7.8%, Palo Alto Networks up 2.4%, ServiceNow up 5.2%, Datadog up 2.4%, RingCentral up 5.9%, HubSpot up 4.7%, Crowdstrike up 4.8%, Palantir up 3.4%, Zscaler up 1.6%.
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