Ceragon Networks Ltd is trading at $2.88 (-10.00%) as growth stocks face a sharp risk-off move following the May jobs report.
- The decline aligns with a broader market slide, with the Nasdaq Composite under pressure as strong employment data fuels expectations for higher interest rates.
- There are no fresh company-specific announcements; the stock is also retracing a portion of its recent gains seen between June 2 and June 4.