WYFI is trading 6.8% down at $35.67 as the stock pulls back after a sharp multi-day AI-infrastructure rally fueled by new funding and bullish analyst coverage.
- Today’s decline appears to be driven by profit-taking and consolidation following significant gains and optimism surrounding AI infrastructure spending.
- The stock recently received a price-target hike from BTIG, which contributed to the recent rally prior to today's pullback.