🔴 SNDG is trading 30.3% down today amid a broad semiconductor selloff and hawkish Fed signals

SNDG is trading at $8.44, down 30.3% in pre-market action as a broader tech and semiconductor selloff intensifies.

• The decline follows TSMC’s massive capex boost and concerns over rich AI-chip valuations, coupled with increasingly hawkish signals from the Federal Reserve.
• Volatility in leveraged semiconductor products is being amplified by risk-off sentiment stemming from escalating U.S.–Iran tensions and weakness in Asian chip markets.