Futu Holdings is trading at $105.33, down 4.07%, amid a volatile, macro-driven technology sell-off; no clear company-specific announcement or catalyst was found for October 16, 2026.
- The broader sell-off reflects worries about AI infrastructure financing and inflation-driven interest-rate risks.
- In the supplied market context, the Nasdaq was down 2.35%; October 16 coverage also describes afternoon tech selling pulling indexes lower.