🔴 Trading Leveraged Equity ETF (SNXX) is trading 5.5% down in pre-market on August 28, 2026 as Sandisk weakness pressures memory shares

SNXX is trading at $12.17, down -5.45%, as weakening Sandisk exposure pressures the leveraged ETF after memory-sector volatility and profit-taking.

• Sandisk had previously rallied sharply on strong AI-driven memory demand, leaving the group vulnerable to reversals.
• Cautious Nasdaq futures, firmer yields, and uncertainty ahead of Jackson Hole commentary add broader pressure.
• Strong Nvidia results are partially offsetting weakness across technology stocks.