🔴 SNXX is trading 7% down today amid possible profit-taking after S&P 100-driven rally

SNXX is trading 7% down at $17.24 after reversing part of its sharp recent rally, possibly reflecting profit-taking or fading S&P 100 inclusion enthusiasm.

• SanDisk’s September 21, 2026 S&P 100 inclusion supported strong gains in the stock and leveraged ETF.
• Broader markets are modestly higher, while Rosenblatt initiated a buy rating with a $2,400 price target.
• The immediate catalyst for SNXX’s decline remains uncertain.