🔴 Leverage Shares 2X Long ARM Daily ETF is trading 3.8% down after-hours on sector selloff and insider selling at Arm Holdings

Leverage Shares 2X Long ARM Daily ETF is trading at $51.61 (-3.8%) after-hours, extending its 9.2% loss from the main session as negative catalysts pressure the underlying stock, Arm Holdings.

• Insider Selling: Arm Holdings (ARM) gapped down Thursday after an insider, William Abbey, disclosed the sale of over 10,700 shares in two recent transactions.
• Sector Weakness: A broad selloff in AI-chip stocks, sparked by Broadcom's forward guidance which failed to meet very high investor expectations, added significant pressure to the entire sector.
• Amplified Moves: The ETF's 2x long leverage has magnified the negative impact of these events on its price.