KLTR - Kaltura among tech stocks that may benefit from end of tax-loss selling
A number of high-growth tech stocks have been beaten down in recent weeks, as investors have begun worrying about rising inflation and the Federal Reserve starting to tighten up and raise interest rates. However, in spite of the current environment, there could be opportunities for value seekers thanks to a handful of tech stocks that and the end of tax-loss selling Kaltura (NASDAQ:KLTR), WM Technology (NASDAQ:MAPS), Upland (NASDAQ:UPLD) and ON24 (NYSE:ONTF) are just some of the names that could benefit when tax-loss selling is over, said Canaccord Genuity analyst David Hynes in a research note. "Tax-loss selling can feel a bit like kicking a man while he’s down, but it’s clearly strategic and probably cathartic to rid of frustrating positions at year-end," Hynes said, adding that the pressure on these names "can create some pretty interesting opportunities at year-end, and there are a handful of names in our coverage that are feeling
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Kaltura among tech stocks that may benefit from end of tax-loss selling