MW The triple-short Nasdaq 100 ETF is the most active stock in the premarket, as the Nasdaq 100 tumbles
The UltraPro Short QQQ ETF $(SQQQ)$, which aims to return triple the inverse of the technology heavy Nasdaq 100 index's performance, surged 7.8% on volume of 1.9 million shares, making it the most actively traded stock ahead of the open. The Ivnesco QQQ ETF $(QQQ)$, which tracks the Nasdaq 100, is losing 2.6% and is the second most actively traded with volume of 1.7 million shares, as worries over the global spread of COVID-19 shed 5.8%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
February 24, 2020 07:27 ET (12:27 GMT)
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