🔴 ARMG is trading 14.3% down today on tech sector selloff and PCE inflation jitters

ARMG is trading 14.3% down today as leveraged exposure to high-beta tech and AI names magnifies a broader sector selloff.

• Investors are de-risking ahead of the upcoming PCE inflation report, with fears of sticky inflation and higher-for-longer rates pressuring growth and AI-related stocks.
• The drop extends a steep decline from the prior session, with leveraged tech products like ARMG experiencing outsized downside moves relative to the broader market.