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Barchart

Jabran Kundi

Software Stocks Just Had Their Worst Quarter Since 2008. What Should Investors Do Next?

ETF IGV Barchart

Software stocks just had their worst quarter since 2008. Yes, you read that right. The selloff triggered by the launch of Claude Sonnet 4.6 and Claude Cowork plugins freaked everyone out and, as a consequence, stocks and exchange-traded funds (ETFs) related to the software industry have caused a lot of pain to investors.

Things aren’t slowing down, either. The beginning of the second quarter hasn’t been any good so far. Some of the stocks that brought software ETFs down continue to tank further. The iShares Expanded Tech-Software Sector ETF (IGV) was no exception and its holdings aren’t doing well in April.

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