🟢 Inverse SNDK ETF (SNDQ) is trading 3.5% up today as Sandisk shares pull back

SNDQ is trading at $15.99, up 3.53%, as a pullback in Sandisk shares mechanically lifts the ETF.

• SNDQ seeks -200% daily exposure to Sandisk (SNDK).
• The move appears driven by Sandisk’s pullback after its recent AI-memory rally, rather than broad-market weakness.
• Broader equities are higher, while technology and semiconductor stocks remain supported by AI optimism.