MVLL is trading at $161.34 (+5.5%) as leveraged tech exposure rebounds following a sharp selloff in semiconductors and megacap growth stocks in the prior session.
- The move follows a stabilization in Nasdaq futures after a global technology rout that hit AI and chip names particularly hard.
- With no major economic releases scheduled, the ETF is likely being lifted by sector rotation and firmer U.S. futures rather than a specific company headline.