SNXX is trading at $10.93 (+7.49%), supported primarily by its concentrated 2x daily exposure to Sandisk (SNDK), which was up 4.73% at $1,331.20 shortly before 9:46 a.m. EDT.
- The move also aligns with firmer technology sentiment and expectations for sustained AI-driven NAND demand.
- Investors await July CPI and Sandiskβs August 13 investor event.