SRX Global is trading at $1.75 (+10.38%) after unexpectedly weak July employment data reduced expectations of an imminent Federal Reserve rate hike.

  • U.S. payrolls fell 23,000, versus forecasts for an increase, according to Reuters and the Bureau of Labor Statistics.
  • The stock extended its August 7 advance; no new company-specific announcement was identified for August 10.
  • The move appears primarily macro-driven, with traders also positioning ahead of Wednesday’s CPI report.