Amprius Technologies Inc. is trading 10.5% down at $20.18 following a sharp pullback from last week’s rally and a new analyst downgrade.
- A Seeking Alpha analyst lowered the stock's rating from Buy to Hold, arguing that the current valuation already prices in a best-case scenario, which has triggered significant profit-taking.
- Broader growth and tech stocks are also facing selling pressure as major indices slide on renewed concerns regarding higher-for-longer interest rates.