• WARP is trading at $23.40, down 4.43%, as broader market risk-off sentiment impacts volatile growth names and the space sector.
  • Despite Space Exploration Technologies Corp. (SPCX), a top holding in the VanEck Space ETF, joining the Nasdaq-100 today with expected inflows, a wider downturn in technology shares appears to have overshadowed this positive catalyst.
  • Investors are reportedly concerned about the sustainability of the AI-driven rally, contributing to declines across tech stocks.