🔴 Large Growth ETF (PWB) is trading 11.9% down in after-hours trading as technology stocks retreat and Treasury yields rise

PWB is trading at $136.80, down 11.90% from its $155.28 regular-session close amid broad technology weakness and rising long-term Treasury yields.

• Nasdaq Composite fell 1.16%, with information technology among the weakest sectors.
• Higher oil prices, Middle East tensions, and renewed concerns about expensive AI and semiconductor stocks pressured the sector.
• No confirmed late-breaking earnings announcement from a dominant PWB holding clearly explains the additional after-hours decline; Wolfspeed’s miss likely does not explain it alone, while SK hynix’s buyback supports rather than hurts AI-memory sentiment.