🟢 Trading-Leveraged Equity ETF (SNDU) is trading 7.81% up after SanDisk’s strong fiscal-fourth-quarter results

SNDU is trading 7.81% higher as SanDisk rebounds, with SNDK at $1,271.05, up 2.6% on August 12.

• The move follows strong fiscal-fourth-quarter results and optimism about AI-driven NAND and data-center demand.
• SNDU targets 200% of SNDK’s daily performance, amplifying underlying-stock gains.
• Broader technology sentiment is supportive, though CPI and Middle East risks remain; the move appears primarily underlying-stock driven.