ROM Suffers 13% Loss as NVIDIA and Broadcom Drop on June 5
ProShares Ultra Technology (NYSEARCA:ROM), a leveraged ETF, dropped 13.45% in one session after the tech sector's worst day in over a year. The decline was driven by an approximate 7% drop in XLK and significant losses from key holdings like NVIDIA (-6%) and Broadcom (-8%). A $10,000 investment fell to around $8,655.
Tickers: $AAPL $AVGO $NVDA $ROM $XLK
Topics: Broadcom ETF performance NVIDIA ROM XLK