On November 6, Tradr 2X Long SNDK Daily ETF rose 24.27% in Regular Trading, trading at $3.84, with turnover of $192 million.

The move aligned with a sharp rebound in its underlying stock SNDK and a broader recovery in memory shares after the previous session’s steep selloff.

Recent market updates showed SNDK rising 11.33% intraday and 7.07% pre-market as chip and memory names advanced, with NVIDIA up more than 5% and AMD up more than 8%. Earlier weakness had been linked to fading NAND price momentum and volatile sector sentiment, but reports described the latest move as primarily an oversold rebound rather than a new deterioration in fundamentals. Prior context also indicated SNDK had reported quarterly revenue of 110.31 billion and adjusted EPS of 49.51, while guiding next-quarter revenue to 122 billion to 126 billion, both above expectations.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)