TEAM is trading at $86.68 (-6.72%) amid a broader tech sector pullback and sector pressure from Cisco's Q2 earnings, despite no company-specific news or announcements.
- The stock is tracking the NASDAQ Composite's -0.68% decline, extending a volatile 7-day trend that saw shares fall from $113.70 on February 2.
- Investor sentiment has been dampened by strong January jobs data (130k added vs. 55k expected), which has pushed expectations for a potential interest rate cut back to July.