🔴 Sandisk 2X Leveraged ETF (SNXX) is trading 3.9% down in pre-market as U.S. equity futures weaken

SNXX is trading at $14.01, down -3.91%, as lower U.S. equity futures signal renewed pre-market risk aversion.

• The Treasury buyback announcement lowered the 30-year yield to about 5.19%, initially supporting growth stocks.
• August 20 futures are lower, while SNXX follows volatile semiconductor exposure after sharp recent swings.
• SNXX magnifies daily Sandisk share movements by approximately 2x; no separate dominant Sandisk-specific catalyst was identified.