Economic Observation Network The stock price of BLND has hit a 60 day low, and the direction of macro interest rates has become an important external variable affecting its short-term trend.
Recent Stock Trends
Recently, it has been reported that one of the reasons for its 60 day low is the rise in US bond yields (over 5% in 10-year maturity), which has suppressed overvalued/loss making technology stocks This type of ticket is sensitive to the interest rate environment, and the direction of macro interest rates will be an external variable for its short-term trend.

The above content is based on publicly available information and does not constitute investment advice.