BILL Holdings Shares Surge 35.77% as Software Stocks Snap Back
Shares of BILL Holdings jumped 35.77% on Friday, making it the Russell 1000’s top gainer as software names staged a sharp rebound after an eight-session sell-off. BILL outpaced peers including Strategy Inc (+23.33%) and Coinbase (+11.07%) in the sector rally.
1. Sector Rebound Drives BILL Rally
BILL Holdings stock soared 35.77% on Friday, making it the top performer in the Russell 1000 as investors rotated back into beaten-down software names. The bounce followed eight straight sessions of declines in the tech-software ETF, which had fallen roughly 20% prior to the rebound.