🔴 VNET Group is trading 10.65% down today amid a broad technology and data-center stock selloff

VNET Group is trading 10.65% lower at $3.15 amid a broad selloff in technology and data-center-related stocks.

• Reuters reported investor concerns that a Democratic midterm sweep could bring tougher scrutiny and slow data-center expansion, while chip and data-center shares fell broadly.
• The decline aligns with sharp losses in major U.S. indexes and technology stocks; available reporting did not establish a separate company-specific cause.
• The move follows VNET Group’s 18.12% gain on November 4.