🔴 Tradr 2X Long Sndk Daily ETF is trading 3.5% down today ahead of an 8-for-1 forward stock split

The Tradr 2X Long Sndk Daily ETF (SNXX) is trading lower today, with the movement largely attributable to a planned corporate action rather than just market sentiment.

• The ETF is undergoing an 8-for-1 forward stock split, with today, June 2, 2026, being the payable date.
• Shareholders of record as of June 1 will receive seven additional shares for each share held.
• The fund will begin trading on a split-adjusted basis on June 3, 2026, which will bring the per-share price down to approximately one-eighth of its pre-split level.