On June 25, Direxion Daily Semiconductor Bear 3X ETF fell 15.2% in pre-market trading, trading at $3.42/share, with turnover of $14.51 million. The sharp decline in this inverse-leveraged product implies significant strength in the underlying semiconductor sector during the session.

The fund invests at least 80% of its net assets in financial instruments that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)