Array Digital & Oracle ETFs Plunge Amid Market Downturn

Font: Financial Modeling Prep  • Jun 11, 2026

Market Downturn: Array Digital Infrastructure, Leveraged ETFs, and Factorial Energy Face Significant Declines

• Array Digital Infrastructure led the day’s notable decliners, with its stock falling sharply around the record-date adjustment for a large special dividend.
• Leveraged ETF tied to Oracle Corporation moved sharply, reflecting major swings in the underlying stock.

Today’s market featured several significant losers, with a mix of individual companies and exchange-traded funds seeing sharp declines. Array Digital Infrastructure, Inc. (NYSE: AD) led the downturn, with its stock falling to $40.11. The move came after the company declared a special cash dividend of $11.00 per share, payable on June 25, 2026, to shareholders of record on June 11, 2026. 

Two ETFs tracking Oracle Corporation (NYSE: ORCL) also fell sharply. The Direxion Daily ORCL Bull 2X ETF(NASDAQ: ORCU) dropped about 19%, while the Defiance Daily Target 2X Long ORCL ETF (NASDAQ: ORCX) also declined sharply. Both funds are designed to provide leveraged long exposure to Oracle’s daily share-price movement, so their losses reflected a significant decline in Oracle stock. Oracle shares came under pressure as investors reacted to concerns about heavy AI infrastructure spending and financing plans.

In summary, the day’s losses were driven by different factors rather than one broad theme. Array Digital Infrastructure declined around a large special dividend adjustment and Oracle-linked leveraged ETFs dropped because Oracle shares sold off.