WARP is trading at $20.98, up 1.97%, as after-hours strength appears to reflect a rebound from the regular-session selloff rather than a confirmed sector-specific catalyst.

  • Communication-services weakness and Alphabet declines pressured WARP during the September 23 session.
  • Hot September PMI data pushed the 10-year Treasury yield above 5%, weighing on rate-sensitive growth and communications shares.
  • September 24 trading remains vulnerable to elevated yields, Fed-hike expectations, and further weakness in major communications holdings.