🔴 SailPoint is trading 4.3% down in pre-market after disappointing software peers' results and outlooks

SailPoint is trading 4.32% down at $21.05, following a broad software selloff after disappointing results and outlooks from ServiceNow and Fortinet weighed on software shares. - Reuters reported declines among other software peers. - No clear SailPoint-specific catalyst has surfaced. Software ETF IGV was down 3.67% pre-market, supporting sector weakness as the main explanation.