🔴 GraniteShares 2x Long PLTR Daily ETF is trading 3% down today on Palantir weakness

GraniteShares 2x Long PLTR Daily ETF is trading 3% down at $11.24 in pre-market hours, following a decline in Palantir’s share price.

• As a 2x leveraged ETF, the fund's performance is highly sensitive to Palantir’s stock direction, with leverage amplifying the underlying stock's early-morning move.
• The decline appears to be driven by Palantir-specific or single-stock tech sentiment rather than a broad market selloff, as major index futures remain relatively stable.