🔴 CCC Intelligent Solutions is trading 4.17% down today following the Federal Reserve’s 25-basis-point rate hike

CCC Intelligent Solutions is trading at $6.33 (-4.17%) after broad market pressure intensified following the Federal Reserve’s 25-basis-point rate hike and hawkish outlook.

• The S&P 500 and Dow fell 0.91% and 1.59%, respectively, weighing on growth-oriented equities.
• Higher yields pressured technology and other growth-sensitive equities.
• No confirmed company-specific announcement explained September 16 weakness; recent coverage cited broader sentiment and a competitor transaction involving ACV Auctions.