Aeluma is trading at $7.70, down -13.05%, amid broader technology and semiconductor-market weakness.

  • Semiconductor shares faced pressure amid rate-hike worries and concerns about debt-funded AI infrastructure; SOXX fell 2.72%.
  • On October 16, Aeluma announced more than $4 million in U.S. government contracts, a positive development that does not explain the decline.
  • News reported CEO Jonathan Klamkin sold 100,000 shares on October 12; no source establishes the sale as the cause.