HUMN is trading 5.1% down today as investors rotate out of growth and semiconductor names amid a broader risk-off move in the market.
- Rising interest-rate concerns following hawkish Federal Reserve commentary and escalating geopolitical tensions are placing significant pressure on technology valuations.
- The selloff follows a downturn in major AI and chip stocks as TSMC’s massive capex plans and record profits spark fears regarding overheated valuations and future returns across the tech complex.