The Direxion Daily Semiconductors Bull 3x Shares (SOXL) has seen an outflow of approximately $1.1 billion, a 5.3% decrease in shares outstanding from 115,100,060 to 109,050,060 week-over-week. The latest trading data reveals that key components of SOXL are performing well, with Intel Corp (INTC) up about 10.5%, Teradyne, Inc. (TER) gaining 4.3%, and ON Semiconductor Corp (ON) rising by 3.1%.
In terms of price performance, SOXL’s last trade stood at $209.88, within a 52-week range of $19.68 as its low and $284.58 as its high. Investors are closely monitoring these shifts as any significant outflows could impact the underlying assets of the ETF.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
