Forgent Power Solutions is trading at $29.55 (-4.66%) as broader risk-off selling intensifies.
- S&P 500, NASDAQ Composite, and Dow Jones are down 0.73%, 0.88%, and 0.56%, respectively.
- Brent crude remains above $100; August PPI rose 0.4% monthly and 5.4% annually, reinforcing inflation and rate concerns.
- Reuters linked elevated energy prices to renewed U.S.-Iran hostilities.