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This is exactly the kind of move that rattled software stocks in February—our shares at Thomson Reuters fell more than 30% in the initial selloff. But when we announced CoCounsel’s one million users, our stock jumped 11% in its biggest single-day gain since 2009.
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Mukesh Sahdev, founder, CEO, and chief oil analyst at XAnalysts, also disagrees with panic over long-term oil price increases.