🔴 SNXX is trading 12.3% down today on SanDisk weakness and tech sector pressure

SNXX is trading 12.3% down today on SanDisk weakness as the 2x leveraged ETF extends a multi-day drawdown in after-hours trading.

• The fund's leveraged structure is magnifying the downside moves of its underlying asset, SanDisk (SNDK), which has been flagged for recent performance issues.
• Broader technology sentiment is currently pressured by concerns over AI-related costs and mixed performance across major indices.
• The sharp decline continues a period of sustained weakness for the instrument heading into the August 06, 2026 session.