Shares of enterprise software stocks dipped Monday in the wake of last week's rally. Shares of Snowflake (NYSE: SNOW), Datadog (NASDAQ: DDOG), and Twilio (NYSE: TWLO) were down 2.3%, 2.1%, and 1.9%, respectively, as of the close of trading. The Nasdaq Composite Index fell just 0.7% on the day.
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