Direxion Daily TSM Bull 2X ETF (NASDAQ:TSMX) Shares Gap Up – Here’s What Happened

Direxion Daily TSM Bull 2X ETF (NASDAQ:TSMX – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $65.00, but opened at $71.17. Direxion Daily TSM Bull 2X ETF shares last traded at $69.8340, with a volume of 308,077 shares trading hands.

Direxion Daily TSM Bull 2X ETF Trading Up 9.7%

The stock has a market cap of $513.19 million, a P/E ratio of -3.31 and a beta of 3.19. The stock’s 50-day moving average is $80.23 and its 200-day moving average is $75.61.

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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