Bill.com, a cloud-based payments service for SMBs, has agreed to acquire expense management software provider Divvy for $2.5B in cash and stock (Luisa Beltran/Barron’s Online)
Growth company prices have plummeted this year, but a number of signs indicate to a comeback in the near future, and investors should get ready to purchase. The Nasdaq-100 index, which represents just over 100 of the biggest nonfinancial businesses listed on the Nasdaq stock market, has decreased by approximately 27% this year. This is due to the fact that the faster-growing technology sector has been affected harder than the 19%-down S&P 500SPX -1.10%. The high-growth and innovative company-focused…