🔴 Argan is trading 4.4% down today as Treasury yields resume climbing

Argan is trading 4.4% down at $504.62 as U.S. equities weaken and Treasury yields resume climbing.

• The S&P 500 is down 0.41%, Nasdaq Composite down 0.85%, and Dow Jones down 0.83%, indicating broad risk-off pressure.
• No company-specific catalyst was identified; Argan’s September 2 earnings-release scheduling announcement was administrative.
• Geopolitical concerns and weak retail guidance are also weighing on sentiment.