GraniteShares 2x Long PLTR Daily ETF is trading at $13.50 (-5.26%) as Palantir (PLTR) extends its selloff and broader tech stocks remain under pressure.
- The Nasdaq is down sharply as traders rotate out of high-growth names following a stronger-than-expected jobs report.
- Robust labor data has reduced near-term rate-cut hopes, disproportionately impacting leveraged growth instruments like PTIR.