🔴 Megaport is trading 10% down today amid AI infrastructure financing concerns

Megaport is trading at A$15.64, 10.06% down, amid an Australian technology selloff on October 15, with market coverage linking the declines to AI infrastructure financing concerns.

• No fresh Megaport ASX announcement was reported that day; coverage linked declines in Megaport and peers to CoreWeave’s 15% overnight fall.
• The information technology sector fell 3.41%. Hotter-than-expected U.S. inflation revived rate concerns and pressured growth and technology stocks.