Direxion Daily S&P Biotech Bear 3X Shares (LABD)

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Direxion Daily S&P Biotech Bear 3X Shares stock is currently priced at $11.35, with a 24-hour trading volume of 11.58M. It has seen a +7.75% increased in the last 24 hours and a +50.33% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $10.37 pivot point. If it approaches the $11.28 resistance level, significant changes may occur.

Direxion Daily S&P Biotech Bear 3X Shares Stock (LABD) Financials Data

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Direxion Daily S&P Biotech Bear 3X Shares Stock (LABD) Latest News

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the S&P Biotechnology Select Industry Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to measure the performance of the biotechnology sub-industry based on the Global Industry Classification Standards ("GICS"). The fund is non-diversified.