🔴 Commerce.com is trading 5.5% down in after-hours trading amid broader tech weakness

Commerce.com is trading at $3.25, down 5.52%, in after-hours trading in line with broader risk-off sentiment.

• On October 16, technology weakness reflected investor concerns about rising borrowing costs and debt-financed AI investment; the Nasdaq fell more than 2%.
• Commerce.com’s investor-relations releases show no new company announcement on October 16; its latest release scheduled third-quarter results for November 5.
• No company-specific catalyst was identified.