🔴 GRID is trading 3.36% down amid inflation worries and tech-sector weakness

GRID is trading 3.36% down at $168.62, with the decline appearing tied to broader market and sector pressure rather than a company catalyst.

• Reuters reported hotter-than-expected inflation on October 14 intensified rate-hike concerns and pushed technology shares lower.
• Thursday’s AI-funding worries extended the technology selloff; GRID’s clean-energy infrastructure holdings include Eaton and Quanta Services, exposing it to that weakness.
• The supplied market snapshot also shows the Nasdaq down 1.16% at 10:00 a.m. ET.