If you’re staring at the tqqq stock price today per share, you probably already know that this isn't your grandfather’s index fund. It’s a Ferrari with the brakes removed, specifically designed to track three times the daily performance of the Nasdaq-100.
Honestly, it’s a rush. But as of January 17, 2026, the market is catching its breath after a fairly noisy week. On the last trading day, Friday, January 16, TQQQ closed at $54.14 per share.
That’s a slight dip—about 0.44%—from the previous day. It’s interesting because the fund actually opened stronger at $55.32 and even poked its head up to a high of $55.46 before gravity kicked in. If you're looking at the numbers right now, you've gotta realize that TQQQ is basically a mirror that makes every movement in the tech world look three times bigger than it actually is.
Understanding the tqqq stock price today per share
Most people see a price like $54.14 and think, "Hey, that’s a decent entry point." And maybe it is, especially considering the 52-week high is sitting up at $60.69. But there's a catch. Leveraged ETFs like the ProShares UltraPro QQQ (TQQQ) aren't meant to be "buy and hold" assets for the faint of heart.
The math behind the tqqq stock price today per share is driven by the Nasdaq-100 (NDX), which closed Friday at 25,527.28. When the NDX moves 1%, TQQQ is designed to move 3%. That sounds like a dream when things are green, but it’s a nightmare when the tech sector decides to take a nap. This week, we saw exactly how that volatility plays out.
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- Monday, Jan 12: TQQQ was up at $55.89.
- Wednesday, Jan 14: It took a punch, dropping to $53.83.
- Friday, Jan 16: It stabilized around $54.14.
You see that? A few days of tech-heavy mood swings can wipe out or create massive gains in the blink of an eye. The volume on Friday was also pretty heavy, with over 75 million shares changing hands. That tells you people are actively betting on which way the wind will blow next week.
Why the Price Fluctuates So Wildly
You can't talk about TQQQ without talking about the "Magnificent" tech stocks that hold the steering wheel. We’re talking about companies like NVIDIA, Apple, and Microsoft. Currently, NVIDIA makes up about 5.56% of the weight, with Apple trailing just behind at 4.64%.
If NVIDIA has a bad day because of some supply chain rumor or a shift in AI sentiment, TQQQ doesn't just feel it—it gets a migraine. On Friday, Apple was down about 1.04%, closing at $255.53. Meanwhile, NVIDIA managed a tiny gain. That tug-of-war is exactly why the tqqq stock price today per share ended up in that narrow $53.58 to $55.46 range for the day.
There's also this thing called "volatility decay."
It’s the silent killer of long-term TQQQ holders. Because the fund resets daily to maintain that 3x leverage, the math starts to work against you if the market just chops sideways. If the Nasdaq goes up 10% one day and down 10% the next, you aren't back at zero; you're actually down. That’s why seeing $54.14 today doesn't tell you where the price will be in six months, even if the Nasdaq-100 is higher than it is now.
The Institutional Play
Big players are all over this thing. On January 16, TQQQ was one of the most active stocks in the pre-market session. When you see names like Citigroup and Morgan Stanley maintaining "Buy" ratings on underlying components like Datadog or Marriott (which are in the index), it fuels the fire for TQQQ bulls.
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But keep an eye on the options. The "Max Pain" price for options expiring recently was significantly lower than the current trading price. That often suggests there’s downward pressure as market makers hedge their positions.
Actionable Insights for Investors
If you are looking at the tqqq stock price today per share and thinking about pulling the trigger, here is the reality of the situation.
- Check the Trend: TQQQ is currently trading in the middle of its 52-week range ($17.50 – $60.69). It isn't "cheap" compared to its yearly low, but it’s off the highs.
- Daily Only: Treat this as a tactical tool. If you think tech is going to have a monster week, it’s a great way to amplify that. If you're looking for a retirement fund, stick to the non-leveraged QQQ.
- Watch the 25,500 Level: The Nasdaq-100 is hovering right around this psychological support. If the index falls below this, expect TQQQ to accelerate its slide toward the $50 mark very quickly.
- Mind the Expense Ratio: Don't forget that ProShares takes a 0.82% cut. That’s much higher than a standard index fund, and it eats into your gains over time.
Basically, TQQQ is a tool for the disciplined. It’s about timing and having a very clear exit strategy. If you don't have a stop-loss order in place, you’re essentially gambling with a very sophisticated deck of cards.
Next Steps:
- Verify the Index: Look at the Nasdaq-100 (NDX) futures before the Monday open to see which direction the 3x leverage will swing.
- Review Holdings: Check if any of the top 10 NDX companies (like NVDA or AAPL) have earnings reports or major product announcements scheduled for the coming week.
- Set a Stop-Loss: If you're holding TQQQ over the weekend, ensure you have a predetermined exit point to protect your capital from a sudden gap down.