Shares of Amer Sports, Inc. (AS) tumbled 5.04% in pre-market trading on Friday, as global economic uncertainties and concerns over potential tariffs weighed on investor sentiment. The sporting goods company's stock price drop comes amid a broader market reaction to recent geopolitical tensions and trade policy developments.

The sharp decline appears to be driven by several factors, including the passage of a controversial tax cut bill in the U.S. House of Representatives, which is expected to significantly increase the federal deficit. Additionally, ongoing trade negotiations between the U.S. and its major trading partners, including the European Union and China, have raised fears of potential retaliatory tariffs that could impact global companies like Amer Sports.

While there was no company-specific news directly linked to Amer Sports, the pre-market plunge reflects investor concerns about the potential impact of macroeconomic headwinds on consumer discretionary spending and international trade. As a global sporting goods manufacturer, Amer Sports may be particularly vulnerable to shifts in consumer sentiment and trade policies affecting its key markets.