Tempus AI Drops 12.7% in One Session, Erasing Billions
As seen on the 24/7 Wall St. homepage on October 6, 2026.
A 12.7% intraday slide to $74.22 strips roughly an eighth off a $13 billion market cap in a single session. Whether the $85 open gets reclaimed is the level to keep an eye on.
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Tempus AI sold off steadily from its $85.00 open, ending the session down roughly 12.7% in regular trading.
The move stripped approximately an eighth off the company's roughly $13 billion market cap, with no sustained bounce once the drop accelerated.
The $85 open now acts as the clearest short-term reference point. A failure to reclaim that level on subsequent sessions would confirm that sellers controlled the day and that the momentum has shifted.
For investors already holding a position, the question is whether this is a single-session flush or the beginning of a broader reset. The lack of any meaningful intraday recovery keeps that question open.
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Mentioned: TEM