SQQQ is trading at $39.70 (+4.94%) after hours, consistent with pressure on Nasdaq-linked technology shares.
- Reuters reported the Nasdaq fell 1.37% on October 29 as Alphabetβs revenue miss and accelerated AI-related cash burn weighed on investors.
- Amazon fell 6.5% in extended trading after disappointing fourth-quarter sales guidance, adding to tech-sector weakness.
- SQQQ is an inverse Nasdaq-100 ETF responding to broader market sentiment, not a company-specific catalyst; no after-hours volume data was provided.