Nvidia's plunge a difficult lesson for investors betting on single-stock ETFs

Nvidia’s plunge a difficult lesson for investors betting on single-stock ETFs

Single-stock ETFs betting heavily on Nvidia’s blistering rally plunged overnight, tracking losses in the chip darling’s shares, calling into question the reliability of the leveraged investment vehicle. The GraniteShares 2x Long NVDA Daily ETF (NVDL) fell 33.78% overnight. The Direxion Daily NVDA Bull 2x Shares ETF (NVDU) and T-Rex 2X Long Nvidia Daily Target ETF…

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