🔴 Keel Infrastructure Corp. is trading 13.3% down today following a stronger-than-expected May jobs report

Keel Infrastructure Corp. is trading 13.3% down at $26.71 as a stronger-than-expected May jobs report pressures growth and risk assets.

• The robust employment data has dampened expectations for Federal Reserve rate cuts, weighing heavily on high-beta names.
• Shares are extending yesterday's weakness despite a lack of fresh, company-specific news or earnings updates.
• The move appears driven by macro sentiment as investors rotate out of risk assets in response to the shifting interest rate outlook.