IQE is trading at £44.05, with a -6.08% move, amid broader technology and semiconductor selling pressure as U.S. Treasury yields reached their highest levels since 2007.
- Stronger economic activity data increased expectations that interest rates may remain elevated for longer.
- No fresh company-specific announcement was identified to explain the September 24 decline; recent interim results remained supportive.
- Shares had risen from £40.20 on September 15 to £45.45 on September 22, making the pullback a notable reversal.