This quarter’s key observations
• Subsector performance: UK Software was the only saving grace in the technology sector during the three months to 10 November, with an aggregate share price movement of +8.1% vs. an average of -12.0% for the other five subsectors. This was largely driven by strong performances from Microfocus International (+70%, following an announced $6bn takeover by Canadian software provider OpenText) and WANdisco (+52%, after strong interim results in September and a po ....
15 Nov 2022
Zeus Technology Quarterly review - November 2022
Big Technologies PLC (BIG:LON), 158 | Team Internet Group plc (TIG:LON), 139 | Devolver Digital, Inc. (DEVO:LON), 23.5 | SysGroup plc (SYS:LON), 30.5
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Zeus Technology Quarterly review - November 2022
Big Technologies PLC (BIG:LON), 158 | Team Internet Group plc (TIG:LON), 139 | Devolver Digital, Inc. (DEVO:LON), 23.5 | SysGroup plc (SYS:LON), 30.5
- Published:
15 Nov 2022 -
Author:
Bob Liao, CFA | Carl Smith, CFA -
Pages:
19
This quarter’s key observations
• Subsector performance: UK Software was the only saving grace in the technology sector during the three months to 10 November, with an aggregate share price movement of +8.1% vs. an average of -12.0% for the other five subsectors. This was largely driven by strong performances from Microfocus International (+70%, following an announced $6bn takeover by Canadian software provider OpenText) and WANdisco (+52%, after strong interim results in September and a po ....