ServiceTitan (TTAN) shares dropped 4.21% to $97.24 on January 14, 2026, amid a significant sell-off in the technology sector driven by concerns over delayed Federal Reserve interest rate cuts.
- The decline mirrored a broader market sell-off, with the Nasdaq Composite falling 1.28%.
- The market downturn was primarily fueled by hotter-than-expected Producer Price Index (PPI) data, which increased rate sensitivity and selling pressure on growth-oriented software stocks.