🔴 Velo3D is trading 9.38% down on October 15 as inflation concerns weigh on cyclical stocks

Velo3D is trading 9.38% down at $6.57, amid broad market and industrial-sector weakness as hotter inflation raises interest-rate concerns and weighs on cyclical stocks.

• Preliminary Q3 revenue was $19.5–$20.5 million, up approximately 43%–51% year over year; the announcement did not report a market reaction linking it to the decline.
• No clear company-specific catalyst for the decline was identified.