🔴 2x Long SanDisk ETF (SNDG) is trading 3.59% down after profit-taking in SanDisk

SNDG is trading at $8.60, down 3.59% on September 1, 2026, after SanDisk’s sharp 11.57% advance on August 31 encouraged profit-taking.

• Semiconductor stocks are weakening as a global bond selloff pushes long-term yields higher, pressuring high-multiple technology and memory-chip shares.
• SNDG targets twice SanDisk’s daily performance, amplifying the reversal; broader risk-off sentiment linked to Japan’s rising bond yields is adding pressure.