GraniteShares 2x Long DELL Daily ETF is trading at $183.00 (-7.1%) as negative sentiment sweeps the tech sector following Broadcom’s after-hours decline and a broader Nasdaq selloff.
- The decline reflects cooling enthusiasm for Dell’s AI-driven rally and sector-wide profit-taking as Nasdaq futures point to a weaker opening.
- As a 2x leveraged instrument, the ETF is amplifying the downward pressure on Dell Technologies shares amid fading risk appetite ahead of the upcoming jobs report.