🔴 Platinum Group Metals is trading 5.35% down today after August PPI topped estimates

Platinum Group Metals is trading at $1.50 (-5.35%) after August PPI exceeded estimates.

• The S&P 500 is down 0.49% and the NASDAQ Composite is down 0.80%, while Treasury yields remain firm.
• August PPI showed inflation at 5.4% year over year versus a 5.3% estimate, pressuring equities; Reuters reported futures extended losses after the release.
• No fresh company-specific announcement was identified.