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At close · Thu, Nov 12, 2026
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Home›US Markets›Equities›AMD Bulls Make a Killing With 2X ETFs, But Friday’s 20…

AMD Bulls Make a Killing With 2X ETFs, But Friday’s 20% Rout Delivers a Reality Check

Reported · Written up by our desk · Equities

Advanced Micro Devices Inc. (NASDAQ:AMD) rallied sharply through Thursday, sending leveraged ETFs tied to its shares soaring before Friday’s reversal pared those gains. The stock climbed approximately 30.3% from the Nov. 6 close through Nov. 12, closing at $585.30 on Thursday. The rally translated into even bigger gains for the 2X leveraged ETFs, with GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) surging approximately 66% over the same period. However, the momentum reversed Friday, with AMD shares falling sharply amid renewed volatility in artificial intelligence stocks. The four leveraged

Latest closeNasdaq Comp. 25,366.09 ▼0.4%

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Sources

BenzingaAMD Bulls Make a Killing With 2X ETFs, But Friday’s 20% Rout Delivers a Reality Check
BenzingaAMD Bulls Make a Killing With 2X ETFs, But Friday’s 20% Rout Delivers a Reality Check

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