Spear Alpha ETF is trading 1.5% lower in after-hours sessions following a strong +4.65% regular-session rebound that tracked a broader tech rally.
- The earlier gains were driven by easing Middle East tensions and a recovery in U.S. markets from the prior week’s rate-jitters selloff.
- With no major post-close macro headlines or earnings from key holdings, the pullback appears to be profit-taking and normalization after Monday’s outsized sector move.
- The move is viewed as a technical correction rather than a response to a new fundamental shock.