Despite a once-in-a-century pandemic standing in the way, investors enjoyed three straight years of strong stock market returns in 2019, 2020, and 2021. But 2022 has been an entirely different story; the economic winds have shifted, and companies are grappling with high inflation and rising interest rates.
SAN JOSE, Calif., November 16, 2022--BILL (NYSE: BILL), a leader in financial automation software for small and midsize businesses (SMBs), today announced it has completed its acquisition of Finmark, a leading financial planning software provider that simplifies financial planning and cash flow insights for SMBs.
The technology sector is in the throes of the worst bear market since the Great Recession in 2007-09. In these circumstances, it can sometimes be useful to observe what professional analysts on Wall Street are doing and saying about various stocks. It nearly doubled its revenue in the first quarter of fiscal 2023 (which ended Sept. 30), and 91% of analysts tracked by The Wall Street Journal have given Bill.com stock the highest possible buy rating -- with not a single one recommending selling.