- Five securities declined between approximately 19% and 31% on October 14, 2026.
- Leveraged ETFs tied to CoreWeave and Dell magnified losses during a broader AI and technology selloff.
- Skydance’s warrant distribution and the collapse of Perella Weinberg’s merger talks provided clear catalysts for two declines.
The Leverage Shares 2X Long CRWV Daily ETF (NASDAQ: CRWG) fell 31.0% to $9.86, while the GraniteShares 2x Long DELL Daily ETF (NASDAQ: DLLL) dropped 22.9% to $28.32. The funds target twice the daily returns of CoreWeave (NASDAQ: CRWV) and Dell Technologies (NYSE: DELL), respectively. Both underlying stocks fell sharply as hotter inflation and rising yields pressured AI-related shares.
Backblaze (NASDAQ: BLZE) declined 22.3% to $9.73 on elevated volume. No distinct company-specific catalyst was confirmed, although the broader technology selloff likely contributed.
Skydance (NYSE: SKYD) fell 22.2% to $7.06 as newly distributed warrants began trading separately, producing a technical adjustment in the share price.
Perella Weinberg Partners (NASDAQ: PWP) closed 19.1% lower at approximately $13.02 after its proposed all-stock merger talks with Piper Sandler ended without an agreement.
