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Wasatch International Growth Fund

WAIGX · NASDAQ

Market closed$15.62$-0.190000 (-1.20%)

Key statistics

Previous close$15.81
Open$15.62
Day high$15.62
Day low$15.62
52-week high$24.93
52-week low$13.21
Market cap661.12M
Volume—
Average volume—
P/E ratio1.18
Forward P/E—
EPS13.25
Dividend yield0.00%

Market context

Why it moved

WAIGX declined today likely due to broad market weakness and selling pressure in global innovation-focused equities, as no specific fund-level catalyst was identified to explain the downward price movement.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Wasatch International Growth Fund declined amid a broad risk-off session that hit growth and international equities particularly hard. The S&P 500 retreated and the Nasdaq fell nearly 1.5% on Thursday as a deteriorating AI narrative, fresh U.S.-Iran military strikes threatening Strait of Hormuz oil flows, and Netflix's disappointing Q3 guidance weighed on sentiment. While the broader financial services sector (XLF) held relatively firm—aided by a strong Q2 earnings season for major banks including Goldman Sachs, BNY, and BlackRock—international growth-oriented funds like WAIGX faced headwinds from geopolitical uncertainty and a semiconductor-led selloff following TSMC's spending forecast that rattled chip investors globally.

-1.8844

July 15, 2026Wasatch International Growth Fund closed essentially unchanged, holding steady near $15.92 amid a broadly constructive backdrop for financial services. The asset management sector drew renewed attention as BlackRock reported record Q2 2026 results — with iShares surpassing $6 trillion in AUM and attracting a record $310 billion in H1 inflows — while Goldman Sachs, JPMorgan, Morgan Stanley, and other major banks posted blowout earnings driven by surging M&A activity, record equities trading, and the landmark SpaceX IPO. The supportive environment for active and passive managers alike, combined with cooling June inflation (CPI slowing to 3.5%) and reduced near-term Fed rate hike expectations, provided a constructive tone for the fund's broader category.

0.1888

July 13, 2026Wasatch International Growth Fund edged lower as global risk-off sentiment weighed on international equity funds, with renewed U.S.-Iran military strikes sending oil prices surging nearly 5% and pressuring equity markets worldwide. The macro backdrop proved challenging for international growth strategies, with Asian semiconductor stocks tumbling sharply — South Korea's KOSPI falling over 5% — while investors braced for a packed week of Q2 earnings from major U.S. banks and key inflation data that could shape the Fed's rate trajectory.

-0.9446

July 8, 2026Wasatch International Growth Fund declined amid a broad risk-off session driven by escalating U.S.-Iran military exchanges in the Persian Gulf, which sent crude oil prices surging over 5% and rattled global equity markets. The fund's international equity holdings faced added pressure as semiconductor stocks slumped roughly 4.7%, tech-driven selling spread across global markets, and rising Treasury yields compounded concerns — while a Reuters report on China's relative market insulation offered limited offset for international growth-oriented investors navigating the geopolitical volatility.

-2.9048

July 2, 2026Wasatch International Growth Fund edged modestly lower as the broader asset management sector faces headwinds from mixed Q1 earnings results—with major peers including Artisan Partners, Blackstone, and Carlyle all trading lower post-earnings. The financial sector (XLF) is also softer amid a cautious market tone driven by tech and chip stock weakness, geopolitical uncertainty around U.S.-Iran negotiations, and investor anticipation of the June nonfarm payrolls report, which could influence Fed rate expectations and international equity flows.

-0.4383

Peers

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