🟢 Megaport is trading 4.11% up today after Snowflake’s earnings beat lifted software sentiment

Megaport is trading at A$16.99, up 4.11%, after recovering from the September 2 software-sector selloff, with stronger software sentiment following Snowflake’s earnings beat the primary catalyst.

• The September 4 move was primarily attributed to improving cloud, AI and data-infrastructure sentiment.
• No new company-specific announcement was identified for September 7; the broader sector catalyst appears more relevant than a fresh Megaport corporate event.