In its Q2 2026 investor letter, the Spyglass Growth Strategy highlighted Procore Technologies, Inc. (NYSE:PCOR), a technology company that detracted from the performance during the quarter.
Procore Technologies, Inc. (NYSE:PCOR) provides a cloud-based construction management platform and related software products
On July 30, 2026, Procore Technologies, Inc. (NYSE:PCOR) closed at $53.79 per share. One-month return of Procore Technologies, Inc. (NYSE:PCOR) was 24.47%, and its shares lost 11.78% over the past 52 weeks. Procore Technologies, Inc. (NYSE:PCOR) has a market capitalization of $8.12 billion.
Spyglass Growth Strategy stated the following regarding Procore Technologies, Inc. (NYSE:PCOR) in its Q2 2026 investor update: “Procore Technologies, Inc. (NYSE:PCOR), a provider of cloud-based construction management software, was a bottom contributor during the second quarter. Procore’s first-quarter results exceeded consensus expectations for both revenue and earnings. However, we believe Procore was also caught up in the broader selloff across the software sector, with investors seeming to want clear evidence of accelerating growth.