SentinelOne (S) Down 17% YTD: Should You Buy or Stay Away?

SentinelOne’s (S) shares have declined 16.9% in the year-to-date (YTD) period, underperforming the Zacks IT Services industry’s decline of 0.2% and the broader Zacks Computer & Technology sector’s 18% growth.It has been suffering from a challenging macroeconomic condition and tighter financial conditions, which continue to impact customer buying behavior. High interest rate and persistent inflation continue to negatively impact enterprise spending. These factors, along with a revamp of SentinelOne’s go-to-m ...