🟢 Trading--Leveraged Equity ETF (SNDU) is trading 7.3% up in pre-market on sector rebound after sharp selloff

SNDU is trading at $26.12 (+7.31%) as semiconductor and memory stocks rebound after a sharp selloff.

• SNDU fell 18.18% on August 18; SanDisk fell about 9%, while the Philadelphia Semiconductor Index dropped 4.98%.
• The rebound appears primarily technical and sector-driven, rather than tied to a fresh company-specific announcement.
• Investors await the 2:00 p.m. ET FOMC minutes amid elevated Treasury yields, geopolitical tensions, and mixed-to-soft technology futures.