No new catalyst drove the deeper decline: FIX was down about 8.1%, extending the earlier selloff tied to last week's cluster of price-target cuts, including Stifel's reduction to $1,808. source A sharp Nasdaq-led risk-off session added pressure, with the S&P 500 and Nasdaq both falling and volatility jumping. FIX also fell more than its electrical-contracting peers, keeping the analyst-driven repricing as the main stock-specific force.
No new catalyst drove the deeper decline: FIX was down about 8.1%, extending the earlier selloff tied to last week's cluster of price-target cuts, including Stifel's reduction to $1,808. source A sharp Nasdaq-led risk-off session added pressure, with the S&P 500 and Nasdaq both falling and volatility jumping. FIX also fell more than its electrical-contracting peers, keeping the analyst-driven repricing as the main stock-specific force.