SERV is trading 5.4% down at $6.06 as a broader risk-off tone in the technology sector outweighs a recent board appointment announcement.
- The stock is seeing weak follow-through from a selloff on June 23, with a June 24 board appointment failing to provide a strong enough catalyst to offset the downward momentum.
- Broader market pressure is weighing on the shares as the Nasdaq declines amid renewed caution in the AI and tech sectors ahead of Micron’s upcoming earnings report.