Velo3D is trading 7.16% down at $6.93 as broader technology shares came under pressure on October 16.

  • Reuters reported renewed investor concerns about debt financing for AI infrastructure and rising borrowing costs; the Nasdaq was down 1.33% in the supplied market context.
  • On October 15, Velo3Dā€™s preliminary Q3 revenue estimate showed 43%ā€“51% year-over-year growth. Available reporting does not identify the estimate as the cause of the October 16 decline.