🔴 Samsara is trading 4.3% down today on software growth and AI concerns

Samsara is trading at $41.15, down 4.32%, as software shares sell off after disappointing ServiceNow and Fortinet results raised concerns about software growth and AI disruption.

• Reuters reported software shares tumbled, with other enterprise software names also falling; IGV was down more than 4% during Thursday’s regular session.
• Samsara announced a HelloFresh deployment across more than 500 electric delivery vans on October 28; available reporting does not link the customer win to the share-price drop.