🔴 Wrap Technologies is trading at 10.25% down today as oil and yields stoke inflation worries

Wrap Technologies is trading 10.25% lower at $1.45, with broader inflation worries from rising oil prices and Treasury yields the clearest available explanation.

• Reuters reported U.S. stocks edged lower as oil prices and high Treasury yields stoked inflation worries; Middle East supply concerns drove the oil rise.
• No company-specific catalyst was identified. Wrap Technologies’ investor-relations release list has no October 8 announcement; its latest listed release is dated September 2.