Stocks rallied in response to a softer-than-expected inflation report, with the January CPI rising by 0.2% and the annual rate cooling to 2.4%. Market expectations for interest rate cuts by the Federal Reserve increased, prompting a rally in Treasuries. The news helped calm Wall Street, with lower inflation supporting stock valuations. Warby Parker’s shares were impacted, with the stock down 1.1% since the beginning of the year. At $22.36 per share, it is trading 26% below its 52-week high. Investors who bought $1,000 worth of Warby Parker’s shares at the IPO in September 2021 would now have an investment worth $410.35.

Read more at StockStory: Warby Parker and Bath and Body Works Shares Skyrocket, What You Need To Know