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Two software stocks surged by more than 10% in the past week by StockNews

© Reuters.Two software stocks that have surged over 10% in the past week

The software industry continues to grow as companies renew their operations to meet the changing expectations of the market. Against this background, the stock prices of software companies Asana (ASAN) and Black Knight (NYSE :) rose more than 10% last week despite increased market volatility. Therefore, we believe these stocks could be a good addition to our watchlist. Let’s talk. Due to the uncertainties caused by the continued spread of the COVID-19 Omicron variant, software companies are increasing demand as companies make significant new investments in advanced software solutions to facilitate remote work. It is expected to be witnessed. In addition, cloud platform adoption is expected to accelerate as the world becomes more dependent on remote activities.

Next year’s software development is expected to increase the use of event-driven architecture, collaborative work management, and AI bots, according to Forrester’s research report. In addition, cybersecurity measures, customer retention, low-code development adoption, and other software solution trends should drive industry growth.

Against this background, software stocks Asana, Inc., whose prices soared by more than 10% last week despite rising market volatility. (ASAN) and Black Knight, Inc. (BKI) is considered suitable for adding to the watch list.

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Two software stocks surged by more than 10% in the past week by StockNews Two software stocks surged by more than 10% in the past week by StockNews

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