🔴 SKYY is trading 1.75% down today as hotter-than-expected inflation revives rate fears

SKYY is trading 1.75% down at $161.15 as hotter-than-expected September U.S. inflation revived expectations of higher interest rates.

• Reuters said the inflation shock intensified selling in technology and AI-related stocks as investors focused on financing risks and the high cost of funding AI infrastructure.
• The broader software sector is sharply lower, consistent with pressure on growth-oriented technology stocks.
• No clear SKYY-specific announcement or catalyst was identified; available evidence points to macro and sector sentiment rather than a company-specific event.