VTIX is trading at $4.95 (+12.50%) in pre-market, rebounding as capitulation selling exhausts following a two-day selloff that erased nearly a third of its market value.
- The recent decline was triggered by SEC filings on April 23 revealing aggressive share sales by CEO Jan Goetgeluk, leading to a period of heavy selling that now appears to be cooling.
- The recovery aligns with broader market gains, with the NASDAQ rising 1.37% amid general tech strength, though no other company-specific catalysts have been reported today.