🔴 Trading--Inverse Equity ETF (SNDQ) is trading 3.88% down today as NVIDIA results lift memory stocks

SNDQ is trading at $16.35 (-3.88%), reversing its premarket gain as SanDisk and the broader memory-chip group recover after NVIDIA’s stronger-than-expected results and outlook.

• SanDisk and Micron reportedly rose more than 3% in early trading.
• Major U.S. indexes are nearly flat; the move appears sector-specific.
• Investors are rotating back into AI-related semiconductor and memory shares, pressuring SNDQ’s inverse exposure.