🟢 Sweetgreen is trading 6.1% up today after in-line July CPI reduced Fed hike concerns

Sweetgreen is trading 6.1% up at $6.17, primarily on broader risk-on sentiment after July CPI matched expectations and reduced near-term Federal Reserve hike concerns.

• The S&P 500 and Nasdaq are higher as yields ease; no fresh company-specific announcement was identified for August 13.
• August 6 earnings showed weaker comparable sales, a wider loss, and reduced full-year guidance linked to cyclosporiasis concerns.
• The stock extended its 7.98% gain on August 12; the earnings news explains earlier volatility, not a new August 13 catalyst.