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SURI Volume Surges as Plains GP Earnings Loom

SURI Volume Surges as Plains GP Earnings Loom

Simplify Propel Opportunities ETF (SURI) has seen unusual trading volume, which is 15× higher than its average daily volume.

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The fund is heavily concentrated in Plains GP Holdings LP, its largest position, which is in focus ahead of its first-quarter 2026 earnings report scheduled for May 1, with Wall Street expecting EPS of $0.46 on revenue of $11.72 billion after the company missed estimates last quarter. Another notable holding, Phathom Pharmaceuticals, reported first-quarter revenue of $58.3 million, slightly ahead of consensus, highlighted strong year-over-year growth, and reaffirmed its 2026 revenue guidance while signaling a path to operating profitability beginning in the third quarter of 2026 and cash flow positivity in 2027.

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