🔴 Snail is trading 5% down today as elevated Treasury yields pressure risk assets

Snail is trading at $2.53, down 5.03%, alongside weaker U.S. markets amid elevated Treasury yields.

• The Nasdaq is down 0.84% and the S&P 500 is down 0.54%.
• Treasury yields are near a 19-year high. Stronger-than-expected business activity increased concerns about persistent inflation and higher-for-longer Federal Reserve policy.
• No September 24 company-specific announcement was identified; Snail’s latest release was dated September 10.