🟢 IPO ETF (IPO) is trading 3.19% up today as chip and AI stocks rebound after selloff

IPO is trading at $44.92, up +3.19%, as chip and AI stocks recover from Thursday’s sharp tech-led selloff, lifting its growth-heavy portfolio.

• Reuters reported the Nasdaq rose as chip shares bounced, while concerns about tougher AI regulation remained.
• The stronger-than-expected October jobs report showed 165,000 added versus 65,000 expected, supporting risk appetite but raising interest-rate concerns.