PagerDuty Stock Drops: Fed Speech Ahead

PagerDuty's stock dipped as tech stocks slid ahead of Jerome Powell's crucial speech at the Jackson Hole symposium. Investors are jittery about potential interest rate hikes and their impact on tech's high-growth trajectory. Is this a minor tremor or a sign of deeper market anxieties for PagerDuty and its peers? We break down the numbers and what Powell's words could mean for your portfolio. Hosted on Acast. See acast.com/privacy for more information.