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ETF Loss Recovery Attorneys
Did Investors Lose Money In T-Rex 2X Inverse Nvidia Daily Target ETF’s Stock Drop? Our ETF Loss Recovery Attorneys Are Investigating
If you sustained losses after your financial advisor marketed and sold the T-Rex 2X Inverse Nvidia Daily Target ETF (BATS:NVDQ) to you, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. This exchange-traded fund (ETF) experienced a decline after Nvidia Corp’s (NASDAQ:NVDA) stock rise of 221.08%. Inversely, T-Rex 2X Inverse Nvidia Daily Target ETF share price went down by 96%.
This exchange-traded fund is meant to correspond to twice the inverse performance of Nvidia Corporation’s stock. It lets investors bet against Nvidia stock’s performance or hedge to existing long positions in Nvidia. The T-Rex 2X Inverse Nvidia Daily Target ETF is supposed to rise in value when Nvidia’s stock price goes down. The ETF is supposed to lose value when Nvidia’s stock price goes up. Derivatives are used by the leveraged ETF to bet against Nvidia’s performance.