Software as a Service Stocks Continue Losing Streak

MSPmentor's SaaS 20 Stock Index, which tracks the software as a service industry, has now fallen four consecutive weeks. The index dipped1.29 percent to 598.79 for the week ended October 17.

For the year, the SaaS 20 Stock Index is now down 40.12 percent, reflecting the fact that SaaS companies are not immune to the economic slowdown.

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