🔴 Zip is trading 4.52% down today amid hotter-than-expected wholesale inflation

Zip is trading 4.52% down at A$2.11 amid broad risk-off selling linked to hotter-than-expected wholesale inflation, rising Treasury yields and renewed geopolitical concerns.

• Brent crude rose above A$100 amid renewed geopolitical concerns.
• The S&P 500 and Nasdaq Composite also declined during the referenced session.
• No clear company-specific announcement explains the decline; September 10 ASX filings mainly concerned substantial-holder changes.