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Shares of several software companies are trading lower as stocks dip following the Fed's Wednesday rate hike announcement. A rise in rates lowers the present value of future cash flows, which has negatively impacted growth stock valuations.

Benzinga ·  Jun 17, 2022 01:30
Shares of several software companies are trading lower as stocks dip following the Fed's Wednesday rate hike announcement. A rise in rates lowers the present value of future cash flows, which has negatively impacted growth stock valuations.
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