Kioxia Shares Face More Turbulence as US Leveraged ETFs Launch

Kioxia Holdings Corp. is bracing for more extreme price swings. Leveraged exchange-traded funds (ETFs) that track the Japanese memory chipmaker’s stock are set to begin trading in the United States. These ETFs amplify daily returns, meaning they can multiply both gains and losses. For Kioxia, already known for volatile trading, the new funds threaten even sharper ups and downs. Analysts warn that the added speculation could destabilize the stock further. The listing is expected within days.