SNDG is trading down 12.6% at $6.15 in after-hours sessions as skepticism grows regarding AI infrastructure costs and profit-taking hits the semiconductor sector.
- The 2x leveraged fund is experiencing amplified downside moves following several days of extreme volatility and broader weakness in the Nasdaq tech sector.
- Selling pressure is being driven by recent declines in major AI-exposed names like AMD and rising market skepticism surrounding the high costs of AI infrastructure.