🔴 Trading-Inverse Equity ETF (SNDQ) is trading 4.46% down today as memory stocks rally

SNDQ is trading at $11.26, down 4.46%, as semiconductor momentum pressures the inverse ETF while SanDisk, Micron, and Asian memory stocks rally.

• The move reflects broad optimism around AI infrastructure, NAND demand, and improving memory-chip pricing rather than company-specific news.
• SNDQ’s inverse exposure amplifies gains across its underlying equity basket.
• Broader U.S. indexes remain slightly lower.