🟢 SPS Commerce is trading 4.1% up today as tech and software names bounce

SPS Commerce is trading 4.1% up at $61.42 as tech and software names bounce following several days of weakness.

• The stock is currently outperforming the modestly positive broader market despite a lack of company-specific news.
• No fresh earnings reports or analyst actions have been identified to account for the move.
• The price action appears driven by improved risk sentiment and a recovery in recently sold-off software names rather than a clear headline catalyst.