Dragonfly Energy is trading at $1.78, down 12.21%, amid a sharp market selloff and weakness in technology and semiconductor shares.
- Reuters reports investors are concerned about potential AI and data-center scrutiny after the midterm elections.
- Qualcomm’s weak smartphone-chip outlook added pressure to chip stocks.
- Dragonfly Energy announced its third-quarter results date for November 12, but no company-specific news clearly explains the decline.