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

Shares of Direxion Daily TSM Bull 2X ETF (NASDAQ:TSMXGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $82.06, but opened at $75.74. Direxion Daily TSM Bull 2X ETF shares last traded at $77.6780, with a volume of 135,348 shares changing hands.

Direxion Daily TSM Bull 2X ETF Stock Performance

The stock has a market capitalization of $597.05 million, a price-to-earnings ratio of -3.46 and a beta of 3.13. The company has a 50-day moving average of $77.73 and a 200-day moving average of $76.08.

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.

Further Reading

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