SaaS companies flirt with correction territory as another wild week comes to a close

INSUBCONTINENT EXCLUSIVE:
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Stocks are set to fall
further today, likely forcing shares in SaaS and cloud companies down yet again
After two wild trading weeks, the high-flying tech category is off over 9% from recent highs before the bell this morning, putting it close
to correction territory
likely set to close out Friday close to or in a formal correction
was last July
all bad
value of SaaS revenue since that date