Blackbaud (BLKB) stock sinks 6% to start 2026 as software sector slides — what’s next
Blackbaud shares fell 6% to $59.52 on Friday, underperforming the iShares Expanded Tech-Software ETF, which dropped 2.9%. The stock closed near its 52-week low as the broader market ended mixed, with the Dow and S&P 500 up and the Nasdaq flat. Trading volume reached about 377,000 shares. Investors now await next week’s U.S. jobs and inflation data.