ams OSRAM is trading 6.8% down at €23.30, amid broader risk-off sentiment pressuring equities ahead of September 24, 2026. - U.S. indices declined on September 23 as strong economic data pushed Treasury yields higher, weighing on technology and growth stocks. - The latest 850 nm Thin-Film VCSEL announcement remains a positive product-development catalyst, but available coverage does not directly explain the decline.