Spear Alpha ETF is trading at $55.49 (+7.87%) following a surge in Nasdaq futures and broader momentum in the information technology sector.
- The move aligns with a firmer pre-market tone, with Nasdaq futures up 1.58% and growth stocks leading the market higher.
- Semiconductor and AI sentiment improved following news of Marvellβs S&P 500 addition and continued optimism surrounding Nvidia.
- No fund-specific headlines were found, suggesting the move is driven by broader tech-sector momentum and positive futures sentiment.