Why Box Rose 13.2% in September
Shares of enterprise-software company Box (NYSE: BOX) rose 13.2% in September, according to data from S&P Global Market Intelligence . Box managed to buck the trend in other enterprise software stocks during the month, most of which sold off hard in a big rotation out of the sector. One of the reasons could be that Box shares had already been under pressure in August, as its growth had showed some signs of slowing all year.
However, sentiment turned in early September, when Box attracted a big investment from a prominent activist investor.
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Source Fool.com
