SES AI is trading at $0.82, down 10.24%, amid broader pressure on technology and AI-related stocks as hotter-than-expected inflation raised interest-rate concerns.
- No company-specific announcement explaining the October 15 decline was identified; available evidence points to macro and sector pressure.
- Technology sector ETF XLK was down 2.08% during the regular session. Reuters also reported a tech sell-off driven by rising rate-hike bets and concerns about AI infrastructure costs.