BULZ is trading at $44.14, down 3.20%, as stronger-than-expected U.S. business activity data strengthened expectations for tighter monetary policy.
- The 10-year Treasury yield rose above 5.1%, its highest level since 2007.
- Nasdaq futures and technology shares weakened as rising yields reduced the relative appeal of long-duration growth stocks; the Nasdaq was down 0.74% in the provided live market context.
- BULZ’s leveraged exposure amplified the broader technology-sector decline; no dominant single-company catalyst was identified.