Why Keysight Technologies Stock Sank This Week

Keysight Technologies (NYSE: KEYS) stock got hit with a double-digit pullback this week, falling 11.7% across the stretch. The S&P 500 fell 1.9% over the same period, and the Nasdaq Composite fell 2.8%. Stocks broadly pulled back this week in response to macroeconomic concerns, and many technology hardware specialists with growth stories connected to artificial intelligence (AI) also faced valuation pressures due to concerns about high capital expenditures. Keysight also published its latest quarterly report, and its stock sold off as investors focused on a potential headwind highlighted by management in the company's conference call. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool