Lazydays Holdings, Inc. shares fall 15.54% intraday as Fed rate cut hopes boost tech stocks.

Lazydays Holdings, Inc. dropped 15.54% intraday. The decline occurred as the broader market saw a rotation out of tech stocks and into small caps, which accelerated in August. This shift in investor sentiment, coupled with a mixed reaction to Nvidia's results and the prospect of a U.S. rate cut next month, likely contributed to the stock's decline.