WGMI is trading at $50.76 (-1.91%) as profit-taking follows its sharp seven-day advance and Tuesday’s 1.59% gain.
- Nasdaq Composite weakness and softer risk appetite are pressuring technology-sector valuations.
- Brent crude’s rise to $100.55 renewed inflation concerns, pushing the 10-year Treasury yield to 4.99% and weighing on high-beta growth assets.
- AI and semiconductor momentum remains supportive, while central-bank and rate risks limit technology upside.