Fabrinet is trading at $368.26, down 4.4%, amid technology and AI-related selling tied mainly to infrastructure-financing and higher-rate concerns. - The steep weeklong slide extends a lower October 15 close; no new company announcement was identified October 16. - Reuters said scrutiny of AI financing and borrowing costs weighed on tech shares; broad U.S. and technology weakness supports sector pressure. - B. Riley cut its target to $431 from $598 on October 15, maintaining Neutral; direct causation is unestablished.