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Tech stock crashes 72% from peak, but buybacks signal confidence amid mixed analyst views.
The software company, once a market favorite, has plummeted 72% from its peak amid sector-wide challenges and shifting investor sentiment. Despite the steep decline, the firm has launched an aggressive stock buyback program, signaling confidence in its long-term value. Analysts are divided on whether the drop presents a buying opportunity, with some citing undervaluation and strong buyback activity, while others caution about ongoing industry headwinds and uncertain growth prospects.
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