Why GigaCloud Technology Inc. (GCT) Dipped More Than Broader Market Today

GigaCloud Technology Inc. (GCT) closed at $31.02 in the latest trading session, marking a -1.8% move from the prior day. This change lagged the S&P 500's daily loss of 0.95%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.Coming into today, shares of the company had lost 14.25% in the past month. In that same time, the Business Services sector lost 0.45%, while the S&P 500 gained 1.78%.The investment community will be paying close attention to the earnings performance of GigaC ...