Digi Power X is trading 10.1% down at $3.30 as a broad selloff in crypto-related and semiconductor stocks weighs on high-beta names.
- The decline follows a sharp drop in chip stocks triggered by SK Hynix’s earnings miss and escalating fears regarding competition in China.
- While Bitcoin and Ethereum are also trading lower, the stock is primarily moving in line with macro risk-off sentiment as there is no company-specific news today.