Why software stocks proved resilient on a dismal day for tech

Core Viewpoint - Despite the Nasdaq entering correction territory, shares of notable software companies such as Salesforce, CrowdStrike, and Figma experienced an increase in value [1] Company Performance - Salesforce shares finished the session higher, indicating resilience in the software sector amidst broader market declines [1] - CrowdStrike also saw an uptick in its stock price, reflecting positive investor sentiment towards cybersecurity solutions [1] - Figma's stock performance was similarly strong, suggesting continued interest in collaborative design tools [1]