Business
The Bigtincan (ASX:BTH) share price has dropped 35% in 3 months
After soaring to a 52-week high of $1.60 in late October, shares in ASX junior software company Bigtincan Holdings Ltd (ASX: BTH) have fallen more than 35% to just $1.01 as at the time of writing. The Bigtincan share price decline has continued despite the company making a number of strategic acquisitions over the last few months.
Bigtincan was just one on a list of up-and-coming ASX technology companies that saw their share prices surge to new highs during the lockdowns last year. Shares in cloud network company Megaport Ltd (ASX: MP1), communications platform developer Whispir Ltd (ASX: WSP) and document workflow management company Nitro Software Ltd (ASX: NTO) all raced higher in 2020, but have also since come off the boil.
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