Hewlett Packard Enterprise is trading 4.19% down at $52.13, extending weakness from the August 27 close of $54.41 as investors remain concerned about Netlist patent-infringement proceedings over DDR5 memory modules.
- Investors are also concerned about potential exclusion orders affecting high-performance systems.
- Broader technology weakness is adding pressure: XLK is down 1.60% as investors await Federal Reserve Chair Kevin Warsh’s Jackson Hole remarks and react to semiconductor weakness.