🔴 Aeluma is trading 13% down today amid broader semiconductor and technology-market weakness

Aeluma is trading at $7.70, down -13.05%, amid broader technology and semiconductor-market weakness.

• Semiconductor shares faced pressure amid rate-hike worries and concerns about debt-funded AI infrastructure; SOXX fell 2.72%.
• On October 16, Aeluma announced more than $4 million in U.S. government contracts, a positive development that does not explain the decline.
• News reported CEO Jonathan Klamkin sold 100,000 shares on October 12; no source establishes the sale as the cause.