1012 GMT - Universally negative sentiment toward European software stocks is the sector's one silver lining, Jefferies analyst Charles Brennan writes. "Given this one-sided positioning, I'd like to think we are nearing the bottom," suggesting the sector doesn't have further to fall, Brennan says. Last week "was an incredibly challenging week for the sector, with a string of news adding to already bruised investor sentiment," the analyst writes. Software stocks pare back some losses in early trade, as the Europe-wide Stoxx Software and Computer Services index gains 1%. The sector remains down around 16% year-to-date, against gains for the whole-of-market Stoxx 600 of 4.4%. Experian and London Stock Exchange Group are among the biggest risers of stocks which sold off heavily last week, with both gaining around 1.5%.(josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

February 09, 2026 05:12 ET (10:12 GMT)

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