SNDG is trading 7.7% down today as investors react to sweeping new U.S. tariffs on major trading partners and continued weakness in large-cap technology shares.
- Risk-off sentiment tied to trade uncertainty and elevated oil prices is weighing heavily on leveraged equity products.
- The fund is facing a sharp reversal from recent extreme upside volatility, pressured by earnings-driven declines in major names like Tesla and Alphabet.