Stock Track | KULR Technology Group Plunges 7.75% in Pre-Market Amid Broad Market Sell-Off

Stock Track

2024/12/30

KULR Technology Group, Inc. (KULR) shares plummeted 7.75% in pre-market trading on Monday, underperforming the broader market.

The sell-off in KULR stock came as part of a broader decline in high-growth technology stocks, with companies like Tesla and Nvidia also seeing significant drops in early trading. Although KULR announced a collaboration with the U.S. Army to evaluate its VIBE system, this positive news appears to have been overshadowed by negative market sentiment.

While the exact reasons behind the market-wide sell-off are unclear, analysts speculate that concerns over economic growth and rising interest rates may be weighing on investor confidence in speculative tech stocks. KULR's pre-market plunge highlights the ongoing volatility in the market, especially for high-risk, high-reward investments.

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(KULR) shares plummeted 7.75% in pre-market trading on Monday, underperforming the broader market.</p>\n\n<p>The sell-off in KULR stock came as part of a broader decline in high-growth technology stocks, with companies like Tesla and Nvidia also seeing significant drops in early trading. Although KULR announced a collaboration with the U.S. Army to evaluate its VIBE system, this positive news appears to have been overshadowed by negative market sentiment.</p>\n\n<p>While the exact reasons behind the market-wide sell-off are unclear, analysts speculate that concerns over economic growth and rising interest rates may be weighing on investor confidence in speculative tech stocks. KULR's pre-market plunge highlights the ongoing volatility in the market, especially for high-risk, high-reward investments.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KULR","symbol_name":"KULR Technology Group, Inc.","start_time":0,"source_url":"","article_id":"1148684616","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148684616","pubTimestamp":1735567099,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"KULR Technology Group, Inc.  shares plummeted 7.75% in pre-market trading on Monday, underperforming the broader market.The sell-off in KULR stock came as part of a broader decline in high-growth technology stocks, with companies like Tesla and Nvidia also seeing significant drops in early trading. 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