🔴 MULL is trading 17% down today as tech and chip stocks retreat ahead of Micron earnings

MULL is trading 17% down in pre-market action as information technology and semiconductor names retreat following a broader tech-led selloff.

• Futures for the Nasdaq-100 and S&P 500 are both down, reflecting risk-off sentiment toward growth and AI-related chip stocks.
• Micron Technology, a key underlying driver for the ETF, is seeing profit-taking after its recent rally as investors de-risk ahead of Wednesday’s earnings report.
• The decline highlights pressure on leveraged exposure following Monday's market volatility in the technology sector.