JEDI.L is trading at $70.90, down -5.72%, as space-related growth stocks faced pressure from a broad technology selloff tied to questions about returns on heavy AI spending.
- The Nasdaq fell 2.9% on October 30, while the S&P 500 fell 1.8%.
- JEDI’s holdings include several sizable satellite and space companies, exposing the fund to risk-off pressure across growth-oriented stocks.
- The move aligns with wider AI-investment concerns; it does not establish a separate JEDI-specific catalyst.