🔴 ORBX.TO ETF (ORBX.TO) is trading 8% down today as investors take profits after a multi-day rally

ORBX.TO ETF (ORBX.TO) is trading 8% down today as the fund gives back gains from a recent multi-day rally in space-related and high-beta technology stocks.

• The move appears to be a sector-specific pullback and normalization in speculative space and satellite names rather than a broad market decline.
• Major U.S. indices are trading modestly higher, indicating the sell-off is isolated to the space tech sector despite supportive macroeconomic data.
• The decline follows several sessions of outsized gains, triggering profit-taking across the industry after a period of significant outperformance.