Bill.com Holdings Inc (BILL)

[Oli_sam]

Shares of Bill.com have shed more than 55% of their value since the start of the year.
Due to Bill's exposure to SMB and mid-sized businesses, its sensitivity to the weakening macro environment. The company has noted that smaller businesses have started to slow their spending. Transactional revenue makes up two-thirds of Bill's business.
Given its declining valuation on top of relatively healthy profitability, however, Bill may be approaching a buy point.