Why Zeta Global (ZETA) Stock Is Trading Lower Today
Market Intelligence Analysis
AI-PoweredZeta Global's stock price fell 7.1% due to a broad sell-off in the market triggered by higher-than-expected inflation data, particularly affecting technology companies.
Market impact analysis based on bearish sentiment with 90% confidence.
Article Context
Shares of marketing technology company Zeta Global (NYSE:ZETA) fell 7.1% in the afternoon session after a key inflation report came in higher than anticipated, triggering a broad sell-off in the stock market that particularly affected technology companies. The U.S. Producer Price Index (PPI), a measure of wholesale inflation, rose by 0.5% for the month, exceeding expectations of a 0.3% increase. This unexpectedly high figure fueled concerns about persistent inflation. In response to the data, th
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