Recession-fearing investors keep slashing the fastest-growing cloud stocks - CNBC


5/29/2022 12:00:00 AM2 years 11 months ago
by Jordan Novet

Bill.com and Blend Labs are doubling revenue and talking efficiency, but their stocks are 50% off. Analysts say multiples simply have to go down.

Tech investors finally got some relief this past week, as the Nasdaq broke a seven-week losing streak, its worst stretch since the dot-com bust of 2001. With five months in the books, 2022 has been … [+7333 chars]

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