Aeluma is trading at $8.35, down -5.65%, as semiconductor stocks face pressure from rate-hike concerns and worries about debt-financed AI infrastructure.
- Reuters reported that hotter inflation raised expectations of further rate hikes and fueled a semiconductor and AI-supply-chain selloff; SOXX was down 2.72%.
- No clear company-specific announcement explains the October 16 move. A reported CEO share sale was made October 12 under a pre-arranged trading plan and was not identified as the cause.