Five9 Inc is trading 5.3% down at $19.58 amid a broad tech-led risk-off move after the Fed kept rates steady but signaled no cuts for 2026, pressuring growth stocks.
- The hawkish interest rate outlook is weighing heavily on high-multiple software shares and the broader technology sector.
- The decline aligns with a wider market selloff as major tech benchmarks fall over 1%, despite a lack of fresh company-specific news for Five9 Inc.