🔴 GraniteShares 2x Long PLTR Daily ETF is trading 4.9% down today as Palantir extends selloff amid tech weakness

GraniteShares 2x Long PLTR Daily ETF is trading 4.9% down today as its underlying stock, Palantir (PLTR), faces continued pressure amid a broader technology sector pullback and risk-off market sentiment.

• The move follows several days of steep declines for Palantir following post-AIPCon volatility.
• Losses in this leveraged product are being amplified as growth and technology shares lag the broader U.S. market.
• The ETF, which delivers 2x the daily performance of Palantir, reflects the compounding effect of the underlying stock's recent weakness.