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Domo (DOMO) is now no longer the dog of the software sector. For years after its 2018 IPO at $21 per share, shares of Domo languished beside faster-growing SaaS peers. Investors and Wall Street criticized the stock for both growing too slowly and for burning through way too much cash - essentially the more current version of similar criticisms that surrounded Box's (BOX) IPO back in 2015.
It took the coronavirus, strangely enough, for Domo to find its footing. While many other software stocks warned of slowing growth, Domo surprisingly was