TechCrunch got its teeth into the pandemic trade and its possible conclusion yesterday. As a refresher: After the initial onset of COVID-19 and the ensuing lockdowns, changes to work environments and restriction of travel, some companies saw their values quickly appreciate as they found investor favor.
The reasons for some sectors gaining luster in the eyes of the investing class were manifold, but can be condensed. Companies and sectors that saw demand accelerated by the pandemic saw their share prices similarly improve. And software companies, which showed resilience thanks to customers not being able to operate without paying for their offerings, quickly appreciated, pushing their valuations higher and higher.
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