🔴 Bandwidth is trading 5.3% down in pre-market amid broader risk-off trading

Bandwidth is trading 5.3% down in pre-market at $53.85, amid broader risk-off trading.

• S&P 500 futures are down 0.82% and Nasdaq futures 1.79% as investors focus on Tuesday’s Federal Reserve decision, AI-sector weakness, higher oil, and geopolitical concerns.
• Shares closed at $56.87 on September 11 after a sharp rally; no fresh company-specific announcement or earnings release was identified for September 14.
• Bandwidth is scheduled to participate in a Piper Sandler conference on September 15, which does not explain today’s pre-market drop.