🔴 Bandwidth is trading 10.1% down today as oil prices and Treasury yields pressure tech shares

Bandwidth is trading at $51.67, down 10.08%, as the decline coincides with a broad risk-off session.

• October 8 coverage identified no fresh company-specific catalyst.
• Higher oil prices and elevated Treasury yields are fueling inflation concerns and weighing on technology shares; Reuters reported U.S. stocks edged lower, while the Nasdaq fell 1.36% in the supplied market context.
• Intraday volume details were not available in the supplied price context.