NasdaqGM:PDYN
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Palladyne AI (NasdaqGM:PDYN) Faces 14% Weekly Drop As New Tariffs Shake Market

Palladyne AI (NasdaqGM:PDYN) experienced a 14% decline in its share price over the week, coinciding with a broader market downturn driven by new tariff announcements. As major indexes like the Nasdaq entered bear market territory, Palladyne AI's tech-heavy market presence did not shield it from the heavy selling pressure that affected many tech stocks. The negative market sentiment, marked by a 9% drop in the S&P 500 and ongoing concerns about a looming recession, weighed heavily on investor...