SNXX is trading at $14.54, up 3.19% after-hours, most likely reflecting continued momentum in its 2x daily exposure to SanDisk (SNDK).

  • SanDisk surged roughly 16% during the regular session after announcing long-term targets for approximately 50% adjusted free-cash-flow margins and outlining strong AI-storage demand.
  • Softer July PPI, easing rate-hike expectations, and a tech-led market rally provided additional support.