Celestica is trading at $315.05, down -9.09%, amid a broader technology-sector selloff tied to AI development slowdown concerns.
- Technology fell 2.90% during the regular session as investor concerns intensified after AI industry leaders warned about slowing development.
- The September 11 leadership announcement naming Todd Ankenmann CFO does not provide a clear negative catalyst.
- Broader market pressure, rising oil prices, and Federal Reserve rate-hike expectations are adding to risk-off sentiment.