TRT is trading 10.5% down today at $13.71 as investors reassess the stock's valuation following a massive post-earnings rally and growing concerns over margin compression.
- Shares recently spiked from the mid-$5 range to nearly $20 on strong AI and EV test demand, but are now pulling back as higher interest rates weigh on high-growth semiconductor valuations.
- The decline aligns with broader market pressure on the tech sector as rising Treasury yields dampen risk appetite for speculative growth plays.