CIBR is trading at $103.57 (+1.57%) as cooler-than-expected August core PCE eased inflation concerns and helped Treasury yields retreat from recent highs.
- Q2 GDP was revised up to 2.2% from 1.5%, supporting growth expectations.
- Broader markets are higher, with the Nasdaq up 0.93%; growth-sensitive technology shares are benefiting.
- The move reverses pre-market weakness, consistent with improved rate sentiment rather than a CIBR-specific catalyst.