Blaize Holdings is trading 7% down today at $0.85 as the stock gives back its pre-market recovery gains following the sharp decline seen on July 24.
- Selling pressure remains tied to Temasek’s recent decision to cut its stake by 60%, raising concerns about large-shareholder confidence and increasing market supply.
- The downward move is further pressured by broader weakness across the semiconductor sector, which continues to weigh on the stock's performance.