Tradr 2X Long Sndk Daily ETF is trading 87.3% down today following a mechanical 8-for-1 forward stock split that took effect as shares began trading split-adjusted on June 3, 2026.
- The price move is entirely mechanical, meaning the lower per-share price reflects a higher number of shares outstanding rather than a collapse in value.
- Fund documentation and options market notices confirm the adjustment, which does not impact the ETF’s underlying leveraged SNDK exposure.