🔴 RGTX ETF (RGTX) is trading 16.9% down today on profit-taking after a parabolic multi-day rally

RGTX ETF (RGTX) is trading at $33.87 (-16.94%) as the fund undergoes a reversal following a parabolic multi-day rally.

• The move reflects profit-taking after the ETF surged 60.95% on May 21 and 40.14% on May 22, fueled by CHIPS Act funding optimism for Rigetti Computing (RGTI).
• Because RGTX is a 2x leveraged vehicle, price swings are significantly amplified compared to the underlying stock (RGTI).