ProShares Ultra Technology (ROM) fell 13.45% to $8,655 on June 5, 2026, a 13.45% single-session loss from $161.98 to $140.20. The drop mirrored a 7% fall in XLK, with ROM's 2x daily leverage amplifying the loss. NVIDIA and Broadcom declined 6% and 8% respectively amid payrolls crushing rate-cut expectations. Apple's WWDC keynote and rising yields to 4.25% are key triggers.
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Symbotic Stock Drops 21.4% in May, Hits 2026 Low
Summary by ByteBrief