On September 28, ProShares UltraPro QQQ fell 5.17% in regular trading, trading at approximately $75.645/share, with turnover of $18.59 billion. The leveraged ETF amplified a broad decline in the Nasdaq 100 Index, which dropped over 1% during the session.

On the news front, the Philadelphia Semiconductor Index slid 2%, with heavyweight chipmakers suffering heavy losses — Qualcomm fell over 7%, Intel dropped nearly 5%, and AMD declined more than 3%, as the semiconductor sector faced widespread selling pressure. Persistently elevated U.S. Treasury yields continued to weigh on valuations for technology growth stocks, compounding downward pressure on the Nasdaq. As a triple-leveraged instrument tracking the Nasdaq 100 Index, ProShares UltraPro QQQ magnified the benchmark's losses by approximately three times, resulting in the steep intraday decline.

ProShares UltraPro QQQ invests in financial instruments designed to produce daily returns consistent with three times the daily performance of the Nasdaq 100 Index, which includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.

(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.)