🔴 SKHX is trading 2.38% down in after-hours trading as inflation concerns weigh on semiconductor stocks

SKHX is trading at $10.25, down 2.38%, as semiconductor stocks faced pressure after hotter-than-expected U.S. inflation fueled rate concerns.

• The ETF provides 2x daily exposure to SK Hynix and closed October 14 at $10.50.
• Reuters reported the Philadelphia Semiconductor Index fell 4.3%, extending its losing streak. Reports also cited Chinese memory-chip competition and possible delays to SK Hynix HBM4 equipment orders, but did not establish a distinct after-hours catalyst for SKHX.
• No verified after-hours company announcement was found.