HUMN is trading at $26.84, down 3.02%, as hotter-than-forecast September CPI stoked expectations of tighter Fed policy.
- Headline inflation reached 3.7% year over year, while core CPI was 2.6%; Treasury yields rose, weighing on rate-sensitive technology shares.
- Semiconductor weakness added pressure as memory-chip stocks fell amid reports of stronger Chinese competition.
- The broader market also declined, but HUMN fell more steeply than the major-index losses described in the market update.