🔴 GraniteShares 2x Long MRVL Daily ETF is trading 10.1% down today on MRVL losses and a broader semiconductor pullback

GraniteShares 2x Long MRVL Daily ETF is trading 10.1% down today as its 2x leveraged exposure to Marvell Technology (MRVL) amplifies losses tied to a renewed pullback in semiconductor names.

• The broader market has shifted into risk-off mode following hotter-than-expected CPI data and resulting Fed interest rate repricing.
• Profit-taking after the ETF's extreme recent gains has added to the volatility, deepening the intraday drawdown.