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r/letfs
MVLL massive price movement
Investor summaryNeutral
Author is confused by MVLL's massive drop, which far exceeded underlying stock MRVL's movement and normal tracking errors.
Bear points
- The 2x ETF experienced an unexplained massive drop far exceeding the underlying stock's movement.
Post body
Anybody know what happened to MVLL? I’ve been using it conjointly with MRVL, and I’m used to its movements.
Then 2 days ago it dropped about 10x more than the underlying stock, and I’m down -75% which I can’t find an explanation for. it’s a 2x etf and this far outside the realm of tracking errors.
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