🔴 Leverage Shares 2X Long AVGO Daily ETF is trading 7.1% down today following a sharp post-earnings selloff in Broadcom

Leverage Shares 2X Long AVGO Daily ETF is trading 7.1% down today as weakness in its main underlying, Broadcom (AVGO), extends following a sharp post-earnings selloff and cautious guidance.

• The decline is amplified by a broader pullback in AI-focused semiconductor and tech stocks.
• The Nasdaq is underperforming while investors rotate out of high-valuation growth names.