The U.S. Bureau of Labor Statistics reported January CPI rose 0.2% month-over-month and 2.4% year-over-year, below projections of 0.3% and 2.5%, triggering optimism for multiple Federal Reserve rate cuts and fueling rallies in equity and Treasury markets.

PAR Technology shares climbed 3.3% in the afternoon session, outpacing peer gains and reflecting investor expectations that lower interest rates will reduce borrowing costs for the restaurant technology provider’s software and hardware solutions.

PAR’s stock remains highly volatile with 28 moves exceeding 5% over the past year; it is down 41.8% year-to-date and trades 70.8% below its July 2025 peak of $71.23. The company reported Q3 revenue of $119.2 million, up 23.2% year-on-year, and posted an adjusted profit of $0.06 per share, reversing earlier loss forecasts, while its annual recurring revenue slightly trailed expectations.