🔴 Nanox Imaging is trading 11.38% down today amid AI-spending concerns weighing on tech shares

Nanox Imaging is trading at $0.25, down 11.38%, in line with a sharp technology-led market selloff.

• Reuters reported the Nasdaq was down 3.2% on November 5 as AI-spending concerns and scrutiny of data-center expansion weighed on technology shares.
• No fresh company-specific catalyst was identified for November 5. The latest company release found was November 2 clinical data about its AI solution; that earlier announcement does not establish a cause for today’s decline.