TeraWulf Stock Falls as Inflation Fears Squeeze Growth Stocks
TeraWulf Inc. (NASDAQ: WULF) shares are trading lower Tuesday as AI cloud stocks slide on inflation fears and surging bond yields.
TeraWulf's stock price went down because people are worried about inflation (when money doesn't buy as much stuff) and are moving money away from tech companies like this one. When you check on a stock, notice if the whole group it belongs to is going up or down together, because sometimes it's not about that one company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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