🔴 GraniteShares 2x Long PLTR Daily ETF is trading 5.1% down today following news of a major institutional stake sale

GraniteShares 2x Long PLTR Daily ETF is trading 5.1% down today, amplifying downward pressure on the underlying Palantir (PLTR) stock after a major institutional investor disclosed a significant stake sale.

• Capital World Investors reported selling 5,002,307 shares, cutting its position in Palantir by 98.7%.
• The move adds to broader cautious sentiment across the AI sector as investors de-risk ahead of today's key U.S. Consumer Price Index (CPI) report.
• As a 2x daily long vehicle, the ETF is experiencing amplified losses relative to the underlying stock's performance.