Reported about 1 month ago
Investors in the T-Rex 2X Inverse Nvidia Daily Target ETF have faced a staggering 96% loss over the past year, while NVIDIA Corp., led by Jensen Huang, saw its stock soar by 221%. The ETF is designed to profit from declines in Nvidia's stock, which explains its inverse performance. Despite the ETF's poor performance, analysts remain optimistic about Nvidia's future growth, with projections for the company to potentially reach a $4 trillion valuation.
Source: YAHOO