🔴 SPXS is trading 3.06% down in pre-market as rising S&P 500 futures pressure inverse fund

SPXS is trading at $25.00, down 3.06%, as rising U.S. index futures are consistent with pressure on the inverse fund amid shifting sentiment after the midterm election outcome.

• SPXS targets -300% of the S&P 500’s daily performance; the supplied market context reports the index up 1.02% pre-market.
• Reuters reported U.S. futures stabilized after initial election-related declines.
• No SPXS-specific announcement or pre-market volume data was reported.