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ME
Direxion Shares ETF Trust Direxion Daily META Bull 2X ETF
METU
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ME
METU
ME
Direxion Shares ETF Trust Direxion Daily META Bull 2X ETF
METU
News
·
EXCLUSIVE: Meta's AI, Metaverse Growth Drive Launch Of New Direxion Leveraged And Inverse ETFs
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2.37%
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EXCLUSIVE: Meta's AI, Metaverse Growth Drive Launch Of New Direxion Leveraged And Inverse ETFs
In an exclusive interview with Benzinga, Ed Egilinsky, managing director and head of Sales and Distribution & Alternatives at Direxion, talked about the Direxion Daily META Bull 2X Shares (NASDAQ:METU) and Direxion Daily META Bear 1X Shares (NASDAQ:METD). These ETFs seek to address the growing demand among traders for leveraged and inverse single stock ETFs. Egilinsky said that the inclusion of Meta Platforms Inc (NASDAQ:META) in their lineup was a natural progression, give that “META was the sole omission of the Mag 7 within our leveraged and inverse single stock lineup.” Meta’s prominence in the AI movement and its frequent media presence make it an attractive stock for traders seeking to capitalize on short-term price movements. Also Read: Missed Apple Rally? This Expert Says Focus On ‘Winner…in The Magnificent 7’ Club: ‘72% Of Meta’s Activity Over The Last 2 Weeks Has Been Bullish Impact of Meta's Innovations Meta’s stock has seen substantial growth over ...Full story available on Benzinga.com
Benzinga · Jun 18, 2024
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ME
METU
Direxion Shares ETF Trust Direxion Daily META Bull 2X ETF
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METU
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Related Tickers
Earnings
Dividends
Last · Sep 22
Quarterly
Amount
$0.17
Yield
2.85%
Annual
$0.83