LIT is trading 4.1% down today as part of a broader risk-off move hitting growth, tech, and battery-related names.
- The decline follows a deepening global tech selloff, with the Nasdaq Composite dropping over 1% and weighing on high-beta electrification themes.
- Sentiment is spilling into the lithium and battery technology plays that dominate the portfolio, driven by sector-wide de-risking rather than stock-specific news.