🔴 Velo3D is trading 6% down in pre-market as AI-spending concerns pressure tech shares

Velo3D is trading at $6.51, down 5.92% in pre-market amid broader risk-off sentiment.

• U.S. indexes and futures are lower, with technology shares under pressure amid renewed AI-spending concerns and higher oil prices.
• No new October 22 company announcement was identified; Velo3D’s investor-relations page lists its October 15 preliminary Q3 revenue update as its latest release.
• Available evidence points to broader market sentiment rather than a confirmed company-specific catalyst; pre-market volume information was unavailable.