🟢 Elastic is trading 4.4% up today as technology shares rally broadly

Elastic is trading 4.4% up at $88.74 as technology shares participate in a broad market rally.

• The Nasdaq Composite is up 1.49% and the S&P 500 is up 0.96%, supporting a global risk-on explanation.
• No clearly reported company-specific catalyst directly explains the September 17, 2026 move.
• Recent security recognition and proxy-material updates remain background developments, not confirmed drivers.