On June 22, Tradr 2X Long SNDK Daily ETF rose 10.14% in regular trading, trading at $47.55/share, with turnover of $306 million.

On the news front, Aletheia Capital significantly raised its DRAM and HBM price expectations, stating that memory is becoming the most critical component in AI hardware, with its value share expected to rise from approximately 40% in 2025 to over 70% by 2027. The bullish outlook has driven broad-based gains across storage concept stocks, with Western Digital and Silicon Motion up over 5%, Micron up over 4%, and SanDisk also tracking higher. As a 2X leveraged ETF linked to SanDisk, SNXX amplified the underlying storage sector rally, reflecting heightened investor conviction in the memory pricing upcycle thesis.

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