Qualys (QLYS) shares have plunged 35.2% year to date. It has significantly underperformed the broader tech sector and the S&P 500's return of 23.4% and 20.8%, respectively, over the same time frame. At the closing price of $127.13 on Oct. 4, 2024, Qualys currently trades near its 52-week low of $126 and nearly 38% lower than its 52-week high of $206.4. Reason Behind Qualys' Underperformance The underperformance of Qualys' shares can be attributable to highly volatile market conditions amid the ongoing macro ...