2024-02-07 02:54:44 ET
Summary
- Weave's stock has experienced fluctuations but has recently recovered.
- Weave continues to appear undervalued.
- Weave's expansion into new verticals and industries has the potential to diversify its revenue streams and significantly enlarge its addressable market.
I last provided commentary on Weave Communications ( WEAV ) in June of 2023. Since then, WEAV's stock has shown notable fluctuations in its value. It started at around $11 per share, then experienced a sizable decrease, reaching as low as mid-$6 per share in October. Recently, the stock has recovered and even seen a period of growth as it currently trades at around $13 per share....
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Weave: Bargain SaaS Expanding Into New Verticals