WGMI is trading at $45.70 (-1.64%) as information technology pulls back after Thursday’s NVIDIA-led rally.
- Nasdaq futures declined 0.28% as investors reduced risk ahead of Federal Reserve Chair Kevin Warsh’s Jackson Hole speech.
- Marvell Technology’s post-earnings decline pressured semiconductor sentiment, while Bitcoin was slightly lower, adding modest crypto sensitivity to WGMI’s weakness.
- Broader market is mixed: Dow futures are higher, and the move appears concentrated in technology and digital-asset-linked risk exposure.