JEDI is trading at $21.46, down 3.51%, as hotter-than-forecast inflation lifted rate concerns and Treasury yields, weighing on growth-oriented shares.

  • September headline CPI rose 3.7% year over year, above the 3.6% forecast, while core CPI reached 2.6%.
  • Industrials fell 0.55% in one market snapshot, pressuring JEDI’s industrials-heavy mix; the S&P 500 and Nasdaq declined 0.61% and 0.91%, respectively.
  • Broad weakness points to macro-driven selling, rather than reported Fathom acquisition news, as the main catalyst.