SPXE.TO is trading 6% down today as investors continue to unwind recent gains tied to the early-July SpaceX and ARK-related rally.
- The decline reflects significant profit-taking in SpaceX-linked thematic exposure following a period of strong performance.
- Broader risk-off sentiment is weighing on high-growth technology sectors after a sell-off in semiconductor and AI names driven by geopolitical tensions and valuation concerns.