Shares of companies in the broader tech sector are trading lower amid a rise in Treasury yields.
Portfolio Pulse from Benzinga Newsdesk
Shares of companies in the broader tech sector are trading lower due to a rise in Treasury yields. Several tech companies including AKTS, APLD, ARBB, ASNS, AUR, BB, BILL, BKYI, BLND, BRQS, DOCN, EPAM, ERIC, FCUV, HUBS, INDI, IOT, JG, LUNA, MARA, MRVL, NET, NICE, NOW, ONDS, PCOR, PLTR, PSTG, RIOT, SEDG, SHOP, SLNH, SMCI, SNOW, TWLO, U are potentially affected.
October 18, 2023 | 7:54 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Shares of AKTS are trading lower due to a rise in Treasury yields.
The rise in Treasury yields typically leads to a decrease in the stock prices as investors move towards safer investments. As a tech company, AKTS is directly affected by this trend.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Shares of APLD are trading lower due to a rise in Treasury yields.
The rise in Treasury yields typically leads to a decrease in the stock prices as investors move towards safer investments. As a tech company, APLD is directly affected by this trend.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Shares of ARBB are trading lower due to a rise in Treasury yields.
The rise in Treasury yields typically leads to a decrease in the stock prices as investors move towards safer investments. As a tech company, ARBB is directly affected by this trend.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Shares of ASNS are trading lower due to a rise in Treasury yields.
The rise in Treasury yields typically leads to a decrease in the stock prices as investors move towards safer investments. As a tech company, ASNS is directly affected by this trend.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100