Ceragon Networks is trading 6.42% lower at $2.04 amid a broad technology-sector selloff.
- No company-specific announcement explaining the move surfaced in available search results. The company’s latest announcement said it will report third-quarter results on November 5.
- The broader selloff followed investor reactions to Amazon’s AI spending and Intel’s cash-burn warning, heightening concerns about AI investment costs and returns.
- Reuters reported that the tech-heavy Nasdaq fell sharply on October 30.