InterDigital is trading 60% down at $106.85 in pre-market today, following a broad sell-off in the technology and semiconductor sectors.

  • The stock is experiencing an unusually sharp dislocation from its last regular close of $265.59, despite no fresh company-specific news, earnings, or guidance changes.
  • The decline comes as the tech sector ETF XLK drops 2.75% and Nasdaq futures face pressure over AI valuation and macro risk-off concerns.