🔴 AMDY is trading 5.5% down today as its $0.6677 weekly distribution goes ex-dividend

AMDY is trading 5.5% lower at $43.47 as it trades ex-dividend for its declared weekly distribution.

• October 15 is the ex-dividend date for the declared $0.6677 weekly distribution; the fund is trading without it.
• Reuters reported that hotter-than-expected U.S. inflation revived rate-hike concerns and extended losses in chip stocks, while Asian technology shares sold off.
• No separate AMDY-specific adverse announcement was identified.