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Narrowly-Mixed June For Biz-Enabling Software Makers
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By TripleTree
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About this feature:
Despite the strong performance by the stock market as a whole last month, shares of business-enabling software providers were fairly flat, according to investment banking firm TripleTree. The biggest movers in terms of enterprise value-to-revenue multiples saw them fall: content management companies by four-tenths-of-a-point, and large platform vendors by three-tenths. Every other sector stayed the same or moved up or down by a tenth-of-a-point:
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