🔴 Trading--Leveraged Equity ETF (SNXX) is trading 10.81% down in pre-market amid profit-taking after five-session rally

SNXX is trading at $17.00, down -10.81% in pre-market amid profit-taking after its five-session rally.

• SNXX targets 200% daily exposure to SanDisk, magnifying underlying moves.
• Nasdaq futures were down 0.62%, while 30-year Treasury yields reached roughly 5.32%, pressuring growth stocks.
• Ongoing U.S.-Iran tensions added risk aversion, although memory stocks had recently benefited from AI-storage optimism.