🔴 TTM Technologies is trading 4.17% down in pre-market amid tech selloff after hotter-than-expected inflation

TTM Technologies is trading 4.17% down at $99.00 in pre-market as broader technology and semiconductor selling after hotter-than-expected September inflation appears to weigh on shares.

• Shares closed October 14 at $103.31, down 11.02%.
• Nasdaq futures fell 1.11%; Asian technology stocks continued losing ground.
• No new company-specific announcement was identified for October 15. The October 12 planned $400 million investment in AI infrastructure capacity does not establish the cause. The third-quarter results call is scheduled for October 22.