NB fell 4.9% in pre-market trading as Nasdaq futures dropped 2.6% and the S&P 500 futures fell 1.1%, with volatility rising. The move tracked NB's high sensitivity to the broad tape and coincided with a similar decline in rare-earth peer MP. The macro backdrop included rising diesel-cost concerns and wider France-Germany sovereign yield spreads sourcesource.
NB fell 4.9% in pre-market trading as Nasdaq futures dropped 2.6% and the S&P 500 futures fell 1.1%, with volatility rising. The move tracked NB's high sensitivity to the broad tape and coincided with a similar decline in rare-earth peer MP. The macro backdrop included rising diesel-cost concerns and wider France-Germany sovereign yield spreads sourcesource.