🟢 Blend Labs Inc is trading 5% up today tracking a broader market rally after a prior selloff

Blend Labs Inc is trading 5% up at $1.67, recovering part of its recent losses as broader market sentiment improves during a tech-led rally.

• The stock is bouncing back from a 10.2% decline on June 17, which occurred after news of an expanded partnership with MeridianLink failed to support the share price.
• Today's move comes without fresh company-specific headlines and appears to track improved risk appetite in the U.S. equity market, where major indices are gaining more than 1%.