🔴 ORBX.TO ETF (ORBX.TO) is trading 8% down today on sector-specific profit-taking following a multi-day rally

ORBX.TO ETF (ORBX.TO) is trading 8% down today as investors lock in gains following a strong multi-day rally in space and high-beta technology stocks.

• The pullback reflects sector-specific normalization and profit-taking across speculative space and satellite names, even as broader market indices trade higher.
• With no new macro shocks or index-level news specific to space tech, the move appears driven by a rotation out of higher-risk thematic exposures.