Lightwave Logic is trading at $5.46 (-5.21%) in pre-market, extending a sharp downward trend from the previous session as the broader semiconductor sector faces selling pressure.
- The decline follows a 10.3% drop on July 28, with no fresh company-specific announcements found to explain the continued weakness.
- The move is largely attributed to industry-wide risk-off sentiment driven by concerns regarding Chinese competition and the sustainability of AI-related capital expenditures.