GraniteShares 2x Long MU Daily ETF is trading 1.6% down in after-hours trading as momentum cools following an exceptionally strong run driven by the broader technology and AI rally.
- The information technology sector surged on June 15, 2026, as easing inflation fears and a U.S.–Iran 60-day peace agreement boosted risk appetite, particularly for growth and AI names.
- The modest pullback likely reflects profit-taking after Micron Technology (MU) and its peers rallied hard into the close alongside the Nasdaq, rather than a new fundamental shock.