Corsair Gaming is trading 5.13% down at $13.59 as hotter-than-expected September inflation renewed expectations of Federal Reserve tightening and pushed Treasury yields higher, weighing on technology and growth-oriented shares.
- Major U.S. indexes were also lower during the session.
- Corsair announced October 14 it will report third-quarter results November 5, with no clear evidence the announcement caused the drop.
- The prior session’s product-launch-related gain followed October 13 company news, not a new catalyst for today’s decline.