🔴 JEDI.L is trading 5.2% down today amid a risk-off rotation from space and innovation stocks

JEDI.L is trading 5.2% down today, extending a multi-day pullback as investors rotate out of high-beta space and innovation stocks.

• The decline is driven by broader risk-off sentiment following hawkish Fed commentary and rising geopolitical risks.
• Weakness in the technology and semiconductor sectors is weighing on the ETF's concentrated exposure to global space innovators.
• Today's move reflects a significant retreat from recent highs for the VanEck Space Innovators ETF.