Five9 Stock Plunges 36% in 6 Months: Should Investors Buy the Dip?

Five9 (FIVN) shares have lost 36.1% over the past six months, significantly underperforming the broader Zacks Computer and Technology sector’s decline of 1.6% and the Zacks Internet - Software industry’s rise of 4.3%.FIVN has also lagged its peers, including Paycom Software (PAYC) , Twilio (TWLO) and PagerDuty (PD) , over the same period. While Paycom Software and Twilio have gained 9.8% and 10.3%, respectively, PagerDuty has declined 24.2%.Five9’s share price decrease can be attributed to prolonged enterpr ...