PSI is trading 2.1% down at $150.02 amid broader risk-off sentiment tied to new U.S. tariffs and renewed pressure on semiconductor names.
- The decline follows a sharp rebound earlier this week, with the stock now facing headwinds from elevated oil prices and ongoing weakness in large-cap tech.
- There are no company-specific news or earnings catalysts driving today's price action, suggesting the move is part of a broader market rotation.