ORBX.TO is trading 4.5% down today as investors exit high-beta growth names amid a broad tech-led selloff and stalled U.S.–China trade discussions.
- Weak progress on trade talks has hurt sentiment toward satellite, launch provider, and communications plays that depend on global tech demand.
- The decline outpaces major U.S. indices, signaling targeted pressure on speculative, higher-duration stocks within the space-tech portfolio.