🔴 WARP is trading 3.2% down today as hawkish Fed commentary and tech weakness hit growth-oriented space stocks

WARP is trading 3.2% down today as hawkish Federal Reserve commentary and broader technology sector weakness weigh on growth-oriented space and satellite stocks.

• Higher-for-longer interest rate concerns are pressuring long-duration themes, including satellite, launch, and orbital infrastructure stocks.
• The move aligns with a broader risk-off session as weakness in the Nasdaq and semiconductor/AI shares drags down innovation-heavy ETFs.