Cloud Computing: Are Share Prices Heading Toward Zero, or Is It an Opportunity to Buy?
The drawdown in many stocks focused on cloud computing software has been, in a word, unbelievable. In basically one month’s time, from April 11 through May 11, the BVP Nasdaq Emerging Cloud Index (EMCLOUD)—a group of cloud-oriented companies—has lost roughly 30% of its value.
Source: etftrends.com