Samsara Stock Plunges, But Technicals Flash a Buy Signal

Not many tech stocks have had a better run than Samsara Inc NYSE: IOT in recent months. The company, known for its AI-powered solutions used by the trucking industry, hit an all-time high in mid-February, riding a wave of strong earnings and growth momentum. Since then, however, the stock has collapsed 45%, retracing all the way back to 2023 price levels. Samsara TodayIOTSamsara$35.91 +1.85 (+5.43$27.14▼$61.90Price Target$49.60Add to WatchlistThis sharp decline isn't due to poor company per ...