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TQQQ, a triple-leveraged NASDAQ-100 ETF, dropped 13.8%, highlighting risks in leveraged investing.
ProShares UltraPro QQQ (TQQQ) shares fell 13.8% on Monday, closing at $35.40, a significant drop from its 50-day moving average of $71.77.
TQQQ aims to triple the daily NASDAQ-100 Index performance.
Meanwhile, ProShares UltraPro Short QQQ (SQQQ), which inversely tracks the index, saw a rise, opening at $55.66.
The volatility in both ETFs highlights the risks and potential rewards in leveraged investing.
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TQQQ, un NASDAQ-100 ETF de triple apalancamiento, cayó un 13,8%, destacando los riesgos en la inversión apalancada.