🟢 Tech ETF (SPTE) is trading 9.4% up in pre-market without a verified catalyst

SPTE is trading at $54.81 (+9.41%) in pre-market, with no verified catalyst identified.

• The supplied October 12 after-hours report also noted no identified catalyst.
• Nasdaq futures are down 0.58%, while Asian semiconductor shares sold off amid concerns about Chinese memory-chip competition and AI valuations.
• Wednesday’s September CPI report and earnings season may be adding to uncertainty, but neither explains SPTE’s jump.