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Here's Why Bill.com Stock Fell 24% in January

·3 min read
Here's Why Bill.com Stock Fell 24% in January

There wasn't any major news on the company, but it was one of the many victims of the growth stock sell-off. Its cloud-based, AI-enabled platform leads to more efficient billing, collection, and cash flow management for its customers. The company revised its full-year revenue guidance sharply higher and cut its net-loss projections nearly in half.