Filtronic is trading 5.7% down at $3.48 amid broader technology-sector weakness after hotter-than-expected U.S. inflation fueled concerns about further Federal Reserve rate hikes.
- No new company-specific announcement explaining the October 15 decline surfaced in the search.
- Filtronic’s recent $68.1 million SpaceX follow-on order is earlier news, not a clear explanation for today’s drop; the Nasdaq and semiconductor shares were also weaker.