National Energy Services is trading at $19.50 (-10.12%) amid a broad market selloff. - The S&P 500 is down 1.38% and the Nasdaq is down 2.31%. - Reports of tanker damage near the Strait of Hormuz pushed oil higher and weighed on markets. - Available coverage identifies no new company-specific catalyst for October 22. The latest identified company news was its earlier Aramco lithium project agreement, not a new announcement explaining the decline.