🔴 WARP is trading 4.0% down today on hawkish Fed comments and growth sector weakness

WARP is trading at $20.08 (-3.98%) as hawkish Federal Reserve signals and a broader risk-off sentiment impact growth-sensitive sectors.

• Hawkish comments from Fed Governor Lisa Cook have reinforced concerns regarding a higher-for-longer interest rate environment.
• Space and industrial components are retracing following the previous session's rebound amid a broader sector-wide pullback.
• The pre-market weakness reflects a shift away from growth-sensitive assets as macroeconomic uncertainty persists.