Atlassian, Xero, WiseTech Global shares recover after AI sell-off
ASX-listed hotel software provider Siteminder will launch new artificial intelligence tools in a bid to convince investors to halt a dramatic sell-off, as it and fellow listed software firms such as Atlassian, Xero and WiseTech Global staged share market recoveries on Tuesday.
The company’s software lets hotels set rates and advertise available rooms on platforms like Expedia and Booking.com, and it has been the hardest hit in a broad AI-led sell-off across ASX technology stocks this year, losing more than 50 per cent of its value.
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