WARP is trading at $24.98, up 19.5% in pre-market action as the space and industrials complex stages a sharp recovery following recent geopolitical and rate-related volatility.
- The move follows several sessions of sustained weakness across space-related industrials and communications stocks.
- Investors are currently repositioning ahead of key U.S. retail sales data and in response to hawkish, yet data-dependent, commentary from the Federal Reserve.