🟢 SPS Commerce is trading 5% up today after in-line August CPI

SPS Commerce is trading at $81.05 (+4.94%) after a broad market relief rally following August CPI data that matched expectations.

• S&P 500 up 0.98% and Nasdaq Composite up 1.05%, supporting a global risk-on explanation rather than a fresh company-specific catalyst.
• No clear company-specific announcement explains the September 11 move.
• Recent company coverage centers on its September 9 Citi conference, not a September 11 announcement.