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European energy storage: a new multi-billion-dollar asset class

Software is rapidly reducing operating expenses for businesses. In the past, the undeniable tailwinds fueling SaaS companies led to lofty valuation multiples that made it easier to raise capital. But this was a double-edged sword as the high prices expose

European energy storage: a new multi-billion-dollar asset class

Growth is a hallmark of all great companies, but the laws of gravity eventually take hold. Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.

European energy storage: a new multi-billion-dollar asset class

Shareholders of Paycom would probably like to forget the past six months even happened. The stock dropped 43.8% and now trades at $128.00. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

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