🔴 AMDD ETF (AMDD) is trading 5.4% down today as AMD rallies amid a broader surge in growth and semiconductor stocks

AMDD ETF (AMDD) is trading 5.4% down today as risk-on sentiment and a broader equity rally lift growth and semiconductor names.

• The S&P 500 and Nasdaq are both trading higher as momentum concentrates in growth stocks and the semiconductor sector.
• Bullish flows into chipmakers like AMD are pressuring this single-stock inverse ETF through its amplified downside exposure.