Xunlei is trading at $3.16, down 10.23%, as a broad technology sell-off tied to AI regulation and spending concerns weighs on shares.
- Software shares were also sharply lower; no company-specific catalyst was identified.
- Xunlei announced it will release third-quarter results on November 12, rather than reporting results on November 5.
- Since the prior close, Bitcoin fell 4.88% and Ethereum fell 6.85%; Xunlei’s decline was steeper than both.