SKYY is trading 1.74% higher at $161.27 as cloud and AI infrastructure sentiment improves amid a broader technology-sector rebound.
- The Nasdaq Composite is up 1.45% in the provided market context.
- Reuters reports AI-related shares rebounded from last week’s selloff as oil prices and Treasury yields eased.
- No clear SKYY-specific announcement explains the move; improved sector sentiment is the most likely driver, rather than a new company-specific catalyst.