CHAT is trading 7.8% lower today as high-growth technology and AI names sell off in pre-market action alongside a broader decline in Nasdaq futures.
- E-mini Nasdaq-100 futures are down more than 2%, signaling a widespread retreat from growth-oriented sectors despite a lack of overnight sector-specific news.
- The move is driven by investor de-risking ahead of Thursday’s critical PCE inflation report and associated uncertainty regarding Federal Reserve policy.