ORBX is trading at $36.50, with a -3.05% move in pre-market as September inflation exceeded forecasts, reviving rate-hike concerns and pressuring rate-sensitive stocks.
- September CPI rose 3.7% year over year, above the 3.6% forecast.
- Nasdaq futures fell about 1.1% overnight, while Asian markets slumped amid concerns over higher rates and AI-related spending.
- ORBX’s recent declines suggest broader selling pressure; no specific holding catalyst is established.