Defiance Daily Target 2X Long RGTI ETF is trading 6.6% up today as speculative AI and quantum-computing names rebound, extending a sharp two-day recovery from this week’s selloff.
- The ETF's move is significantly more pronounced than broader U.S. equity indices due to its 200% daily leverage to Rigetti Computing (RGTI).
- Gains are being amplified by high volatility and potential short-covering in the underlying stock as sentiment shifts back toward high-growth tech sectors.