GraniteShares 2x Long PLTR Daily ETF is trading 3.8% down in pre-market trading on June 03, 2026, reflecting renewed weakness in its sole underlying stock, Palantir Technologies (PLTR).
- The 2x leveraged vehicle is amplifying the stock's pullback following a sharp AI-driven rally, as is typical for high-beta instruments.
- Market movement appears driven by normal volatility in the AI sector rather than major macro shocks, with broader futures markets showing mixed results.