IPG Photonics is trading 10.68% lower at $62.62 amid a sharp technology-led market selloff.
- Investors are concerned that tighter AI and data-center regulation could slow investment; weak handset-chip demand has added pressure on technology shares.
- The company’s November 3 earnings beat came with Q4 revenue guidance below consensus, a near-term concern but not a confirmed cause of the November 5 decline.