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LVGO - 5 Important Lessons From The 'Tech Selloff'
Livongo Health Inc.
After a strong unrelenting run upward in growth stocks during the first half of the year, it appears that we are finally taking a pause and have been retreating somewhat in the last few weeks. The inexorable shift on the part of enterprises to digitize has accelerated the traction of technology businesses across the board.
Cybersecurity businesses such as Zscaler (ZS) and CrowdStrike (CRWD) have seen a rush from enterprises keen to fortify cyber defenses in an environment where there are multiple attack vectors from many more distributed devices.