🔴 Leveraged Equity ETF (AAOG) is trading 7.1% down in pre-market as hot inflation renewed rate-hike concerns

AAOG is trading at $1.31, down 7.09%, as hot September CPI renewed rate-hike concerns and pressured growth stocks.

• September CPI was 3.7% year over year versus 3.6% expected.
• Semiconductor and AI-related shares extended losses across Asia, while Nasdaq futures were sharply lower overnight.
• Weakness follows AAOG’s steep recent declines, with broader tech-sector selling adding pressure.