Security Matters is trading 5.2% up at $17.00 after cooler-than-expected July wholesale inflation strengthened broader risk appetite.
- July PPI was flat month over month versus economistsβ 0.2% expectation, while core PPI rose 0.2%.
- Broader indexes are higher, with the S&P 500 up 0.76% and Nasdaq Composite up 1.01%.
- Bitcoin is up 0.42% since the previous close and Ethereum 0.58%; neither move explains the full stock gain.