🔴 U is trading 6.84% down today on weak labor data and a broader shift away from high-growth tech

U is trading at $24.10, down 6.84% today, as weak ADP employment data and concerns over Federal Reserve policy sparked a broader market rotation out of speculative growth stocks.

• The stock has plummeted 41.5% over the past week, extending a sharp decline from its January 27 high of $41.25.
• Today's move follows a 10.20% drop in the previous session, despite a lack of company-specific catalysts.
• Macroeconomic pressure mounted after ADP reported only 22,000 jobs added—well below expectations—while the Nasdaq Composite fell 0.30% amid investor uncertainty regarding Kevin Warsh's Fed nomination.