The Traderszone Network

Published in TZ Latest News 9 February, 2016 by The TZ Newswire Staff

In cloud stock tumult, investors give valuations a reality check

Global economic uncertainty and worries about weak spending on information technology are forcing investors in cloud computing stocks and related enterprise companies to take a reality check. The deep selloff, sparked last week after business analytics company Tableau Software Inc (DATA.N) gave a dismal sales outlook, has put a dent in earnings multiples of several marquee business technology names.

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