🔴 JEDI.L is trading 3% down today as investors rotate out of high-beta growth segments

JEDI.L is trading 3% down today as investors rotate out of high-beta, growth-oriented technology segments following a broader tech selloff.

• Pressure on risk appetite stems from disappointing earnings from Alphabet and Tesla, alongside rising Treasury yields and geopolitical tensions in the Middle East.
• The ETF, which tracks the MarketVector Global Space Industry Screened Index, is being dragged lower alongside the wider innovation-focused tech complex.
• The decline reflects a significant shift away from speculative growth names as market volatility increases across the technology sector.