AXTI- and ALAB-Linked U.S. Stock Contracts Fall as Much as 12.9%

Contracts tied to semiconductor-related U.S. stock tickers posted losses over the 24 hours ending at 2:14 p.m. ET Nov. 2 (19:14 UTC), led by a 12.9% decline in AXTI-linked contracts. AXTI was quoted at 48.31 USDT after falling 6.6% in the latest hour. ALAB-linked contracts dropped 10% to 234.89 USDT over the 24-hour period. TokenPost previously covered an AXTI-linked contract snapshot that showed an 11% gain over 24 hours. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.