IGM is trading 2.27% lower at $158.86 as investors question whether heavy AI spending will pay off, pressuring technology shares.
- Reuters reported renewed concerns following Tesla and Meta updates; higher oil prices tied to Middle East tensions also weighed on risk sentiment.
- In the provided market context, the Nasdaq was down 1.57% and the S&P 500 was down 0.95%.
- No IGM-specific announcement was identified.