iShares Semiconductor ETF SOXX

What’s going on with SOXX pre market? Why is it at 143?

$SOXS &
$SIDU “On one hand, Sidus appears good value versus a set of peers, with its 6.4x P/B ratio below their 13.3x average. On the other hand, it trades at a premium to the broader US Aerospace and Defense industry, where the average P/B is 3.7x.”

https://simplywall.st/stocks/us/capital-goods/nasdaq-sidu/sidus-space/news/assessing-sidus-space-sidu-valuation-after-new-starvault-pay/amp

Get in early

Dead cat bounce! A long way for a correction

Yes. Short now to new ath latter

$SOXX So a rate hike (which was expected) turns Semis into something to avoid like the plague today? Just yesterday it was a “hot” stock. when does stupid market reaction turn back to logic?