Summary

Thoma Bravo co-founder Orlando Bravo on Wednesday said software stocks are "oversold" and the sector is being pulled down by a lack of profits. "Most of these 300 publicly traded software companies, they don't have enough profits," he told CNBC's " Money Movers ." "They trade as a multiple of revenue, and that's very, very dangerous."

AI summaries can be wrong sometimes—always verify important details using the source article.