What Happened?

A number of stocks fell in the afternoon session after the White House announced a new round of steep global tariffs, sparking concerns of a trade war and its impact on the U.S. and global economies. This move creates significant uncertainty for businesses and investors. The new tariffs, with rates of up to 41% on imports from 68 countries and the European Union, prompted a broad market sell-off, with the tech-heavy Nasdaq index showing notable weakness. Adding to the bearish sentiment was a weaker-than-expected July jobs report, which revealed that employers created only 73,000 jobs, far below economists' expectations. This combination of trade fears and signs of a slowing labor market has created a "risk-off" environment, leading investors to pull back from growth-oriented sectors like software and technology.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Data Analytics company Samsara (NYSE: IOT) fell 5%. Is now the time to buy Samsara? Access our full analysis report here, it’s free.
• Vertical Software company Guidewire (NYSE: GWRE) fell 3.4%. Is now the time to buy Guidewire? Access our full analysis report here, it’s free.
• Data Infrastructure company Teradata (NYSE: TDC) fell 4.4%. Is now the time to buy Teradata? Access our full analysis report here, it’s free.
• Spend Management Software company Global Business Travel (NYSE: GBTG) fell 5%. Is now the time to buy Global Business Travel? Access our full analysis report here, it’s free.
• Advertising Software company Integral Ad Science (NASDAQ: IAS) fell 4.4%. Is now the time to buy Integral Ad Science? Access our full analysis report here, it’s free.

Zooming In On Global Business Travel (GBTG)

Global Business Travel’s shares are somewhat volatile and have had 12 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

Global Business Travel is down 33.5% since the beginning of the year, and at $6.09 per share, it is trading 36.3% below its 52-week high of $9.56 from December 2024. Investors who bought $1,000 worth of Global Business Travel’s shares at the IPO in November 2020 would now be looking at an investment worth $631.09.

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