Why Direxion Daily Semiconductor Bull 3X ETF Dropped
The SOXL ETF is magnifying semiconductor stock losses again today.
Overview
It's 12 noon on Monday -- do you know where the Nasdaq is?
It's down 1% at the moment -- but the Direxion Daily Semiconductor Bull 3X Shares ETF (NYSEMKT: SOXL) is down much, much more, tumbling 11.6% as investors worry over how long the bull run in computer memory stocks can last.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.