Xunlei is trading $3.25, down 7.81%, amid technology-share selling over concerns about AI regulation and spending.
- The Nasdaq is down 3.90% and the S&P 500 2.78%.
- Bitcoin is down 4.98% and Ethereum 6.87% since the prior close.
- No company-specific catalyst was identified. Xunlei’s third-quarter results are scheduled for release November 12, but that future event is not an evident explanation for the decline.