Direxion Daily TSM Bull 2X ETF (NASDAQ:TSMX) Shares Gap Down – Here’s Why

Direxion Daily TSM Bull 2X ETF (NASDAQ:TSMX – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $70.28, but opened at $63.66. Direxion Daily TSM Bull 2X ETF shares last traded at $69.7160, with a volume of 364,545 shares traded.

Direxion Daily TSM Bull 2X ETF Stock Down 2.4%

The stock has a market cap of $493.75 million, a price-to-earnings ratio of -3.19 and a beta of 3.19. The business’s 50 day simple moving average is $80.13 and its 200 day simple moving average is $75.67.

About Direxion Daily TSM Bull 2X ETF

(Get Free Report)

The Direxion Daily TSM Bull 2X Shares (TSMX) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing (TSM) stock. TSMX was launched on Oct 3, 2024 and is issued by Direxion.

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