WhiteFiber is trading 5.52% down at $10.61 now after a steep decline in technology stocks overnight; no company-specific catalyst was identified.
- Investors questioned whether major AI investments will deliver adequate returns after disappointing results and spending concerns at Alphabet, Amazon, and Intel. Reuters described pressure on tech shares and Nasdaq futures.
- The Nasdaq Composite was down 2.19% pre-market.
- WhiteFiber announced an earnings call for November 10.