HVAC is trading at $33.42 (-3.41%) as the move appears tied to a wider risk-off tone rather than a company-specific catalyst.
- Broader markets are turning cautious ahead of the Federal Reserve statement, weighing on growth-linked assets.
- Weakness in the technology and semiconductor sectors is adding further downward pressure to the stock.
- The decline follows a sharp -4.76% close on July 28, reinforcing the current selloff pressure.