IGM is trading 1.9% down at $160.56 in pre-market, pulling back from a strong late-June rally as UK regulatory news and lower NASDAQ futures weigh on the technology sector.
- UK regulators have proposed new rules targeting app-store payment commissions at major tech platforms, adding pressure to the broader technology sector.
- The decline follows a period of significant gains, with broader market sentiment cooling as NASDAQ futures trade in the red.