🔴 Materion is trading 4.6% down in pre-market amid broader inflation and rate concerns

Materion is trading 4.6% down at $244.01 in pre-market on October 15 amid broader market pressure linked to inflation and rate-hike concerns.

• Shares declined 5.91% on October 14.
• No clear company-specific announcement explaining the move surfaced in the search.
• Reuters reported that hotter-than-expected September U.S. inflation and rate-hike concerns contributed to Wednesday’s market selloff.