🔴 DECK is trading 5% down today amid broader market selloff and AI spending concerns

DECK is trading at $100.69 (-5.17%) as of 2:28PM EST, underperforming the broader market despite no company-specific news emerging today.

• The decline aligns with a broader market retreat involving the S&P 500 (-0.33%) and NASDAQ (-0.34%) amid concerns over AI spending and OpenAI misses.
• Investors are maintaining a cautious stance ahead of the upcoming FOMC meeting and monitoring geopolitical tensions impacting oil prices.
• Shares have fallen over 5% from the previous close of $106.18, reflecting significant intraday pressure as market-wide volatility persists.