GCT Semiconductor Holding Inc is trading 8.8% down at $2.90 amid continued pressure on semiconductor names following Broadcom’s post-earnings sell-off and broader tech weakness.
- The stock is moving lower alongside major indices, particularly the Nasdaq and the semiconductor sector, as risk-off sentiment impacts high-valuation tech names.
- There are no new company-specific catalysts reported, indicating the price action is largely driven by macro and sector-wide trends.