Shares of MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXX – Get Free Report) fell 4.5% during mid-day trading on Monday. The company traded as low as $32.67 and last traded at $33.15. Approximately 900,293 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 1,315,172 shares. The stock had previously closed at $34.70.
MAX S&P 500 4x Leveraged ETN Stock Performance
The firm’s 50 day moving average price is $34.90 and its 200 day moving average price is $32.80.
About MAX S&P 500 4x Leveraged ETN
The MAX S&P 500 4X Leveraged ETN (XXXX) is an exchange-traded fund that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. XXXX was launched on Dec 7, 2023 and is issued by Max.
Further Reading
- Five stocks we like better than MAX S&P 500 4x Leveraged ETN
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for MAX S&P 500 4x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX S&P 500 4x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
