WGMI is trading at $39.57, down 1.67% in after-hours trading amid risk-off pressure in digital assets and elevated Treasury yields weighing on speculative assets.
- WGMI fell 6.40% on October 8 and 4.25% on October 7, extending a steep run of losses.
- On October 9, technology broadly rebounded as AI concerns eased, but WGMI still pulled back after hours.
- Applied Digital's revenue beat was an earlier positive read-through, not a clear explanation for the late decline.