Houlihan Lokey is trading at $128.47 (+4.10%), benefiting from broad risk-on sentiment after July producer prices were unchanged and below expectations, strengthening hopes the Federal Reserve will hold rates steady in September.
- Reuters reported that the softer PPI reading supported higher equities and easing Treasury yields.
- The S&P 500 and Nasdaq were also higher on August 13, 2026, indicating a primarily macro-driven move rather than a confirmed company-specific catalyst.
- No fresh company announcement directly explaining the gain was identified.