FORM is trading at $101.12 (-4.65%) in pre-market, extending a sharp multi-day selloff driven by broader semiconductor weakness and risk-off sentiment in the tech sector.
- The move follows a period of significant volatility, with the stock falling from $159.93 on June 30 and $106.05 on July 7.
- No company-specific catalysts were identified; the decline aligns with a lower Nasdaq and general pressure across the chip sector.