Shares of Samsara Inc (NYSE: IOT) are starting 2026 at a familiar and increasingly important level. The Internet of Things (IoT) tech stock has once again found support around the $32 mark after a steep fall.
This $32 is a price zone that has now held on three separate occasions. The first bounce came in April last year, the second in August, and a third test is taking shape as the new year begins. On one hand, the fact that the stock is back down near its multi-year lows is concerning, but its track record of staying above this level also matters.
