🟢 Trading--Leveraged Equity ETF (SNDU) is trading 3% up in after-hours trading on a technical rebound after sector selloff

SNDU is trading at $15.78 (+3.00%) as a technical rebound and repositioning follow the sector decline.

• Semiconductor and memory stocks suffered a steep August 6 selloff; SanDisk and Western Digital delivered strong results, but forward guidance failed to meet elevated AI-driven expectations, pressuring storage and chip shares.
• The broader market remains slightly risk-off, with elevated Treasury yields and U.S.-Iran/Hormuz tensions limiting upside.
• The after-hours gain appears not to reflect a new positive fundamental catalyst.