Market
$10,000 in FNGU Became $8,392 in One Session as Tech Leverage Cut Both Ways
ZivFin Analysis2026.06.06
A $10,000 position in the MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) at Thursday’s $32.16 close was worth about $8,392 by Friday’s $26.99 close, a 16% single-session drop on June 5, 2026. Stretch the window back one week and the damage gets uglier. FNGU went from $34.76 on May 29 to $26.99 on June 5, a ... $10,000 in FNGU Became $8,392 in One Session as Tech Leverage Cut Both Ways