🔴 AIBD is trading 4.3% down today as AI and big-data stocks extend rebound

AIBD is trading at $54.82 (4.3% down) as AI and big-data equities continue their rebound, pressuring this inverse ETF that moves opposite the sector.

• Major tech and AI-linked names are rising again following strong earnings and cooling inflation data.
• Bearish leveraged products like AIBD are pulling back in line with the broader risk-on move in growth and AI stocks.