🟢 SNDU is trading 6.3% up today on short-covering and technical buying after a multi-day collapse

SNDU is trading 6.3% up today on a continuation of the sharp rebound in the 2x leveraged SNDK equity ETF following a multi-day collapse.

• The move is being driven by short-covering and technical buying rather than specific new ETF-level news.
• Broader U.S. equities are rallying on strong technology earnings and cooling inflation, improving risk sentiment for higher-beta, leveraged products like SNDU.