SQQQ is trading at $46.29, down 6.66%, as Nasdaq-related shares rebound from Thursday’s technology-led selloff.
- SQQQ is an inverse fund that moves against the Nasdaq-100; Reuters reported Nasdaq futures climbed Friday.
- Chipmakers including Nvidia, AMD, Intel, Broadcom and Micron recovered.
- Thursday’s technology rout was tied to investor concerns about potential AI regulation and data-center restrictions. This is a sector-driven move, not a reported SQQQ-specific announcement.