🔴 TTM Technologies is trading 6.35% down today amid elevated Treasury yields

TTM Technologies is trading 6.35% down at $116.17 as elevated Treasury yields weigh on technology shares.

• Reuters said the 30-year Treasury yield stayed near a two-decade high as markets tracked inflation and interest-rate concerns.
• Middle East tensions, higher oil prices, and caution ahead of the Federal Reserve’s August 19 minutes also weighed.
• The decline follows an 11.19% drop to $124.13 on August 18; no new company-specific negative announcement was identified, while positive analyst commentary followed the recent Epiq acquisition. The move was best attributed to sector and macro pressure.