Pre-market spike: 3LST.PA GraniteShares 3x STMicroel on EURONEXT, upside?

We see a pre-market volume spike in 3LST.PA stock as of 17 Jan 2026. GraniteShares 3x Long STMicroel (3LST.PA) is trading on EURONEXT at EUR 0.2802 with volume 10,800 versus an average volume of 25, producing a relative volume of 432.00. The move arrives before the open and reflects sharp short-term interest in this leveraged ETP tied to STMicroelectronics. We view this as a trading signal, not a long-term endorsement, because leveraged products amplify both gains and losses.