🔴 JBL is trading 5.13% down today on hotter-than-expected CPI and rising oil prices

JBL is trading at $346.51 (-5.13%) as tech stocks face pressure from hotter-than-expected April CPI data and escalating geopolitical tensions pushing oil above $107/barrel.

• The Nasdaq fell 1.75% in a risk-off environment, dragging down hardware peers including DELL (-4.9%) and QCOM (-6%).
• There is no company-specific news today; the stock is tracking broader sector weakness after retreating from recent highs near $372 on May 6.