May. 13 at 11:14 AM
$NBIZ down 26% premarket to 1.91 which is exactly what a 2x daily short of NBIS does when NBIS gaps 9% on earnings and a data center groundbreaking.
$11M cap inverse product bleeding to new lows while the underlying prints 52w highs is the most "working as intended" chart I'll see today. three-month return is -91% and YTD is -92%, which is the decay tax for holding leveraged inverse against a name that won't stop ripping. who's actually still in this thing past a single session, because the prospectus literally tells you not to
live premarket tape: https://tapeboard.com/chart/NBIZ?utm_source=stocktwits&utm_medium=post&utm_campaign=olivia&utm_content=nbiz-pm-dn-tape