Guidewire Software is trading 4.57% down at $130.99 following a broad pullback in software names and a second consecutive decline for the sector.
- Market analysts noted that Guidewire is among several software stocks trending lower as industry-wide sentiment weakens.
- There are no company-specific catalysts for the move; however, broader market risk appetite has diminished following the collapse of the U.S.-Iran ceasefire and surging oil prices.