Same Nvidia Selloff, Opposite Bets. Here's How Two 2× ETFs Fared

247wallst.com· · 3d
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A 247wallst.com ETF Examiner article reports that Nvidia fell 4.34% to $166.19 on November 12, 2026, and that Jensen Huang resigned as President, CEO, and board member, with CFO Colette Kress becoming interim CEO ahead of November 17 earnings. Reuters linked the exit to a suspected Chinese spy relationship, which Beijing denied; meanwhile the 2x long NVDX fell 8.99% while the 2x short NVD rose 9.03%, and the desk warns leveraged single-stock funds are built for single-day trades, since volatility can leave both sides losing.

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