🔴 SPXS is trading 3.10% down today as broad markets rally after August CPI matched expectations

SPXS is trading 3.10% down at $24.88 as the broader U.S. market rallies after August CPI matched expectations, easing immediate inflation concerns.

• SPXS seeks 300% of the inverse daily performance of the S&P 500, pressuring the leveraged bear ETF as the index gains.
• Major indexes are up more than 1%, indicating a broad macro-driven move.
• Approximately 697,280 shares traded before the market open.