NVDL Experiences Significant Drop Below Key Moving Average

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In trading on Friday, the GraniteShares 2x Long NVDA Daily ETF (NVDL) saw its shares drop below the 200-day moving average of $81.91, with trading plummeting as low as $78.69 per share. Currently, shares are down approximately 4% for the day.

Over the past year, NVDL has experienced a significant fluctuation, recording a low of $23.1231 and a high of $118.50, with the last trade at $80.33.

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