UFO is trading at $38.00, down 4.67% versus the regular-session close, amid concerns over a new nationwide wireless competitor following a SpaceX cell-site report.
- U.S. wireless carriers sold off; AT&T fell 5.6% in Friday trading.
- Middle East tensions lifted oil and bond yields, adding inflation concerns and weakening broader risk sentiment.
- Supplied data does not verify a distinct after-hours announcement explaining the full ETF move.