MUU is trading 5.6% up today as semiconductor stocks stabilize following a sharp two-day selloff and ahead of Micron Technology's quarterly earnings report.
- The 2x leveraged ETF is recovering from extreme volatility after a global AI and semiconductor selloff prompted a significant downside move over the previous two sessions.
- Futures indicate tech benchmarks are firming as traders position for Micron’s earnings results later today, driving a rebound in leveraged exposure to the chipmaker.