Karman Holdings is trading 5.8% down at $47.66 after a sharp reversal from its recent rebound, as investors rotate out of growth and AI-related names.
- The move comes alongside a broader global selloff in semiconductor and technology stocks.
- Rising skepticism over heavy AI infrastructure spending has put significant pressure on chipmakers.
- The broader market is struggling, with the Nasdaq falling more than 1% as sentiment shifts away from high-growth sectors.