JEDI.L is trading at $68.70 (-3.13%) as higher-than-expected September CPI—3.7% year over year—pushed Treasury yields and rate-hike concerns higher, weighing on growth-sensitive stocks.
- Piper Sandler downgraded AST SpaceMobile, a reported 7.64% JEDI holding, citing SpaceX competition and launch-access risks; AST fell 6.76%.
- The broad Nasdaq decline added pressure on the ETF’s growth-oriented holdings.