🔴 NVDL is trading 3.2% down today following a stock split adjustment and broader tech sector weakness

NVDL is trading 3.2% down today as the ETF undergoes a stock split adjustment amid a broader selloff in semiconductor and AI-linked stocks.

• The price movement reflects a mechanical adjustment from a stock split alongside its 2x leveraged exposure to NVIDIA, which is facing pressure from a rotation out of high-valuation tech names.
• Broader market sentiment remains cautious as Nasdaq-100 futures decline, driven by cooling enthusiasm for the semiconductor sector and ongoing macro pressure.