A risk analyst is interpreting the results derived from applying a GARCH (1,1) model for estimating the current trading day's price volatility of a stock. Selected inputs to the model are provided below:

• Previous trading day's return (rₙ₋₁): -3%

• Previous variance rate (σₙ₋₁²): 0.0009

• Long-run average variance rate (Vₗ): 0.0001

Assuming α, β, and γ are held constant, how did the price volatility estimate calculated using GARCH (1,1) change from the previous day's value to the current day's value?