Shares of software companies are trading lower as stocks dip following the Fed's Wednesday rate hike announcement. A rise in rates lowers the present value of future cash flows, which has negatively impacted growth stock valuations.

Never miss a trade again with the fastest news alerts in the world!

This headline only article is a sample of real-time intelligence Benzinga Pro traders use to win in the markets everyday.

Want the fastest, most accurate stock market intelligence? Want EXCLUSIVE stories originated by Benzinga reporters? Join 10,000+ serious traders in the Benzinga Pro community!