🔴 FIRY is trading 5% down today as hotter-than-expected inflation revived rate concerns

FIRY is trading at $11.73 (-5.44%) as hotter-than-expected September inflation revived concerns about higher-for-longer interest rates.

• Reuters reported annual CPI of 3.7%, above the 3.6% forecast, and said U.S. stock futures were headed lower.
• The S&P 500 was down 0.61% and the Nasdaq was down 0.91%.
• Search results showed no company-specific catalyst for FIRY’s decline.