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Direxion Shares Etf Trust - Direxion Daily Tsla Bear 1x Shares

18.2

+1.4 (+8.35%)

Last Update: 06 Sep 2024 23:28:00

Yesterday: 16.76

Day's Range: 16.52 - 18.2

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inforMate

When Written:

26.06

The Direxion Shares ETF Trust - Direxion Daily TSLA Bear 1X Shares is an exchange-traded fund (ETF) that seeks to provide daily investment results that correspond to the inverse (-1x) of the daily performance of the Tesla, Inc. (TSLA) stock. This means that if TSLA stock goes down by 1%, the ETF should go up by 1%.

The ETF is designed for investors who believe that TSLA stock will decrease in value and want to profit from that decline. It is important to note that this ETF is not suitable for long-term investors as its performance is measured on a daily basis, and it is not designed to track TSLA's performance over a longer period of time.

The ETF has an expense ratio of 0.45% and is traded on the NYSE Arca exchange under the ticker symbol TSLA. As with any investment, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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