🔴 XIAO-I is trading 5.2% down in pre-market as risk-off pressures technology stocks

XIAO-I is trading at $1.80, down 5.24%, as broader risk-off sentiment pressures technology and growth stocks.

• Nasdaq futures and the S&P 500 are lower before the September 24 open; the Nasdaq was down 0.77%, with elevated Treasury yields and investors pricing greater Federal Reserve tightening risk.
• On September 23, XIAO-I declined 6.86% to $1.90.
• No fresh company-specific announcement was identified; recent coverage revisited the Shanghai court’s dismissal of XIAO-I’s Siri patent claims and a planned appeal.