Foresight Autonomous Holdings is trading 11.1% down today at $1.20 as the stock gives back gains from last week's rally and technology shares face a broad sell-off.
- The decline follows a significant price jump last week triggered by a proof-of-concept agreement with Zeda Korea.
- Broad market sentiment is weighing on the stock as investors rotate out of high-valuation technology, semiconductor, and AI-linked names into value and cyclical sectors.
- This marks the second consecutive day of weakness for the technology sector, leading to a broader sell-off across the industry.