GraniteShares was forced to shutter its 3x Short AMD exchange-traded product on Monday after shares of Advanced Micro Devices Inc. surged as much as 38%, wiping out its value.
Leveraged shorting the only chipmaker making competitive server CPUs. It works until it doesn't.
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GraniteShares was forced to shutter its 3x Short AMD exchange-traded product on Monday after shares of Advanced Micro Devices Inc. surged as much as 38%, wiping out its value. Leveraged shorting the only chipmaker making competitive server CPUs. It works until it doesn't.