🟢 Bandwidth is trading 10.4% up today as August CPI matched expectations

Bandwidth is trading 10.4% up at $56.99 after August CPI matched expectations, reducing immediate concerns about an upside inflation surprise.

• U.S. stocks are broadly higher, with the S&P 500, Nasdaq Composite, and Dow Jones each gaining more than 0.5%; Reuters reported major U.S. futures also rose after CPI data.
• Bandwidth rose 5.71% on September 10 and 11.94% on September 9.
• No new company-specific announcement was identified for September 11, making broader macro relief and index-wide sentiment the strongest explanation.