TTM Technologies is trading 8.9% down at $121.55 as the stock is caught in a broader technology sell-off fueled by AI spending concerns.
- The move follows a sharp two-day slide from $144.85 and $131.41, with the stock remaining under pressure alongside its mega-cap peers.
- There is no fresh company-specific news; the decline is attributed to investor anxiety over heavy AI capital expenditures and earnings pressure across the tech sector.
- TTM Technologies remains exposed to the nervous tech complex as the market re-evaluates the valuation of AI-linked infrastructure.