🔴 Defiance Daily Target 2X Long AMAT ETF is trading 1.8% down today after a sharp semiconductor-led rally

Defiance Daily Target 2X Long AMAT ETF is trading at $29.25 (1.8% down) in pre-market following a significant 14.41% move on June 02, 2026.

• The ETF surged 11.5% in the previous session, driven by underlying strength in Applied Materials and a broader semiconductor market rebound.
• Positive sentiment surrounding AI chips continues to provide support for the sector despite the minor pre-market retracement.