🔴 RAM is trading 5.03% down today as a broader memory-chip selloff weighs on leveraged DRAM exposure

RAM is trading at $10.57 (-5.03%) as leveraged DRAM exposure falls with the broader memory-chip selloff, which has hit global semiconductor names despite strong recent earnings.

• The move appears tied to AI-spending sustainability concerns and elevated semiconductor valuations rather than a fund-specific event.
• As a 2x daily fund, weakness in the underlying memory basket and DRAM complex is amplified in the ETF.