🔴 NET is trading 4.04% down today as geopolitical tensions trigger a broad market selloff

NET is trading at $173.71, down 4.04% in pre-market as escalating geopolitical tensions—including the closure of the Strait of Hormuz—trigger a global flight to safety.

• Major indices are sliding significantly (NASDAQ -2.19%, S&P 500 -1.68%) as the VIX spikes to 21.44 and oil prices surge up to 10%.
• The move marks a sharp reversal from the stock's 5.13% gain on March 2, with macro headwinds now overwhelming the positive momentum from a recent Baird upgrade.