🔴 AMDY is trading 10% down today after its October 29 ex-dividend date

AMDY is trading 10.06% lower now at $40.11, following its October 29 ex-dividend date and amid broader technology weakness.

• The fund’s $0.3559 weekly distribution is payable October 30.
• Reuters reported AMD sliding about 10% amid the selloff, as investors questioned whether heavy AI spending will generate sufficient returns.
• Available information points to a combination of distribution-related adjustment and sector pressure, not a confirmed AMDY-specific corporate announcement.