TEM is trading at $46.51 (-4.02%) as post-earnings losses extend amid a broader market selloff.
- As of mid-morning May 12, 2026, the stock continues to slide following a 7.53% drop on May 7, despite management raising revenue guidance to $1.59B–$1.60B.
- Macroeconomic pressure is weighing on growth stocks, with the Nasdaq down 1.29% and S&P 500 down 0.71% due to inflation concerns and geopolitical tensions.