Procore Stock (PCOR) Down 77% From 52 Week High

Carpinteria, California – Procore (PCOR) a staple construction management software in the United States building and infrastructure industries saw a huge sell off following the Ukraine sanctions over the last few week adding additional extensive losses to share price. Procore saw its price fall from it’s 52 week high of $108.75 down to $48.50 on Friday, Down 77%.

Similarly we saw 2 other stocks, Autodesk and Bentley, see similar matching trends. They are in opposite of other market trends in information technology markets and the S&P. Procore seems to be at what could be a bottom but with extremely high volatility in markets trends have become harder to analyze.