Dragonfly Energy is trading 6.4% down today at $1.32 as pressure mounts on technology shares and riskier small-cap names.
- The decline aligns with a broader slump in the tech sector, where semiconductor and AI-related stocks are selling off sharply.
- Investors are increasingly questioning high infrastructure spending and rich valuations, dragging the Nasdaq lower.
- The negative sentiment across the sector is weighing heavily on sentiment for riskier small-cap companies.