1 Former Software Stock Darling Keeps Tanking -- Time to Buy the Dip?

Work management software leader Atlassian (NASDAQ: TEAM) has been a great example of a business that has grown in grand fashion, but delivered little in the way of positive shareholder returns. Share prices are down well over 20% so far in 2024, doing little to reverse what has been a lackluster story in the wake of the pandemic and cloud software stock meltdown.

That said, Atlassian has made plenty of other stakeholder accomplishments over its lifespan, and there could be tremendous value here. Indeed, where many growing software stories have totally withered, this one has endured by many counts.

Is it time to buy the dip on Atlassian despite the risks?

Source Fool.com