🟢 2x Long DRAM ETF (RAM) is trading 3.45% up in pre-market after July payrolls unexpectedly fell 23,000

RAM is trading at $11.09, up 3.45% in pre-market as a broader technology-risk rebound followed weak July payrolls and supported expectations for easier Federal Reserve policy.

• July payrolls unexpectedly fell by 23,000, while unemployment was 4.1%.
• RAM is rebounding after its 8.61% decline on August 6, despite weak consumer-electronics demand and disappointing SanDisk guidance.
• Stronger Nasdaq futures and short-covering after the recent selloff likely amplified RAM’s pre-market rebound.