Tempus AI is trading 4.02% lower at $78.61 as rising Treasury yields weigh on markets, though no company-specific announcement clearly explains the decline.
- The 10-year Treasury yield reached nearly 5.35%, a 24-year high, according to Investopedia.
- The broader market is also lower, but its declines are more moderate than Tempus AI’s.
- The latest major company news was FDA clearance for its ECG-MR product on September 28.