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Brokerage companies also downgraded software stocks.
In tech, a JPM analyst downgraded software giant Oracle to market outperform from strong buy and dropped his price target by a buck to $23.
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Think about that mind bomb for a second: people downgrading their software to maintain their freedoms is this a William Gibson novel?
After the broker downgraded the FTSE 100 software technology business from "hold" to "sell and reduced its target price from 630p to 540p, more than 1.3 million shares in Sage were traded within a 40-minute spell — nearing half the 30-day average.
Among the suggested solutions is downgrading Adobe's software.
Perhaps they downgraded their service plan, or — in the software business — their usage stats shift, indicating they're not as engaged in your product, meaning not using it as often as they once did, or using as many features.
The other shoe fell when Goldman Sachs analyst Tom Berquist downgraded i2, along with a raft of other software companies, due to his concerns about the crumbling economy.
Sun eventually downgraded to a more reliable, older version of the software and the financing went through.
Sun eventually downgraded to an older, but more reliable, version of the software, and the financing went through.
And certainly the usefulness of the technology has been immensely downgraded with the surge of payment solutions from hardware and software companies, from Apple to Facebook.
Others downgraded their ratings on the stock over concerns that cloud computing competitors were stealing software market share.
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