🔴 Ceragon Networks is trading 5% down today amid broad tech selloff after hotter-than-expected CPI

Ceragon Networks is trading 5.10% down at $1.96, alongside a broad technology selloff after September CPI ran hotter than expected.

• The inflation reading lifted Treasury yields and rate-hike concerns; Reuters reported technology stocks were among the session’s main decliners.
• No clear company-specific catalyst was reported for October 14.
• Ceragon’s latest listed press release was dated October 6, not October 14.