🔴 IGM is trading 3.1% down in pre-market as tech shares fall on AI-investment return concerns

IGM is trading at $155.00 (-3.06%), likely pressured by a broader technology-sector selloff over concerns that heavy AI investment may not deliver returns.

• The iShares Expanded Tech Sector ETF tracks North American technology and select communications companies; semiconductors are its largest industry exposure at 32.10%.
• Technology shares sold off as Alphabet’s AI-related cash burn and weak results from Amazon and Intel revived concerns about AI investment returns.
• No IGM-specific overnight catalyst was identified; premarket volume data was unavailable.