Globavend is trading at $1.15, down 10.85%, as global risk-off sentiment follows the Federal Reserve’s 25-basis-point rate hike rather than a clear company-specific catalyst.
- Broader pressure also reflects firmer retail-sales data, elevated Treasury yields and fading rate-cut expectations.
- The September 16, 2026 announcement about Loomi’s Macau fan meeting was positive but does not clearly explain the selloff.
- The stock remains volatile after closing at $1.29 on September 15, 2026, up 22.86%.