Why the “Great Repricing” of AI Software Stocks Is a Gift for Long-Term Investors

Why the “Great Repricing” of AI Software Stocks Is a Gift for Long-Term Investors

If you own software stocks, the stock market hasn’t been much fun in recent times. As of April 27, Atlassian (TEAM +0.71%) is down 58% over the last six months. C3.ai (AI +2.05%) dropped 52%. SoundHound AI (SOUN 1.23%) took a 55% price cut. The market has decided that I-can-do-everything artificial intelligence (AI) platforms are…