TTAN is trading at $75.65 (-3.4%) as the stock faces sector-wide headwinds driven by concerns over AI infrastructure costs and valuation pressures.
- The decline reflects a sector-wide rotation favoring defensive, blue-chip companies, despite major indices being up modestly.
- ServiceTitan, a software platform for trades and service businesses, is caught in this tech sector pressure.
- The stock has seen a significant drop over the past week, falling from $91.57 on January 28 to current levels.