🔴 DMG Blockchain Solutions is trading 5.43% down today as inflation concerns weigh on tech stocks

DMG Blockchain Solutions is trading at CA$0.43, down 5.43%, amid inflation pressure on growth and technology stocks.

• On October 14, hotter-than-expected U.S. inflation renewed higher-rate concerns; the Nasdaq fell 1.69% and technology (XLK) 1.60% during the regular session.
• Bitcoin fell 1.97% since its last close, adding crypto-sector pressure, but less than the stock’s decline.
• No company-specific announcement dated October 14 was listed in DMG’s releases; the latest shown was September 14, leaving no clear company catalyst.