Stock Track | Relx PLC Soars 6.35% Intraday as European Software Stocks Recover from AI Selloff

Stock Track

Feb 13

Relx PLC's stock soared 6.35% during intraday trading on Friday, leading a recovery among European software companies.

The movement comes as traders looked for a bottom to recent selling sparked by fears that artificial intelligence agents would eat into software companies' markets. RELX and other stocks had been hit by a global software selloff earlier this month, but traders judged the selling as overly severe and stepped in to buy.

Analysts noted that RELX's unique access to troves of data makes it resilient to challengers, while others argued that markets are pricing in a near-certain probability of AI disruption that seems overstated. The company provides a range of AI tools for the legal sector and had traded over 15% below its early February levels before today's recovery.

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RELX and other stocks had been hit by a global software selloff earlier this month, but traders judged the selling as overly severe and stepped in to buy.</p>\n<p>Analysts noted that RELX's unique access to troves of data makes it resilient to challengers, while others argued that markets are pricing in a near-certain probability of AI disruption that seems overstated. The company provides a range of AI tools for the legal sector and had traded over 15% below its early February levels before today's recovery.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RELX","symbol_name":"Relx PLC","start_time":0,"source_url":"","article_id":"1189396665","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189396665","pubTimestamp":1770993311,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Relx PLC's stock soared 6.35% during intraday trading on Friday, leading a recovery among European software companies. 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