SNDG is trading at $8.71, down 3.44% amid a broader tech and semiconductor selloff driven by TSMC’s capex increase and hawkish Fed commentary.
- Investors are reacting to heightened U.S.-Iran geopolitical tensions and persistent inflation concerns, which are weighing on high-beta, leveraged products.
- The after-hours decline follows several days of extreme downside volatility for the ETF, which provides leveraged exposure to the semiconductor-tech space.