|Bid||24.98 x 1800|
|Ask||24.99 x 1800|
|Day's Range||24.25 - 25.14|
|52 Week Range||21.35 - 603.00|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.96%|
Usually, when investors add biotechnology stocks to their portfolios, they feel confident about risk. When they want to reduce risk, biotech names are the first to go. LABU (3X Biotech Bull) and LABD (3X Biotech Bear) can help you stay risk-on or risk-off.
Many institutional traders use multi-faceted strategies that involve several different instruments when trading around an earnings report. Among the most common hedging tools used by institutions are leveraged ETFs, which are built to deliver multiples (or inverse multiples) on a given index. “They aren’t meant to be held for more than a few days at a time,” Sylvia Jablonski, managing director of leveraged ETF provider Direxion ETFs said.
Among leveraged and inverse biotechnology exchange-traded funds, the Direxion Daily S&P Biotech Bull 3X Shares (NYSE: LABU ) and the Direxion Daily S&P Biotech Bear 3X Shares (NYSE: LABD ) are the dominant ...
NEW YORK , Feb. 28, 2018 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Technology Bear 3X Shares, Direxion Daily Energy ...
Short interest is a popular metric on Wall Street because it gives a peek into the amount of negative sentiment a stock has. For their part, leveraged ETFs thrive on the directionality short interest can ...
The latest Republican tax reform bill takes yet another stab at the Affordable Care Act with a proposed repeal of individual mandates, party leadership said Tuesday . The mandates had required Americans ...
JDRF T1D Fund is a private equity fund that pays for diabetes research. Yahoo Finance’s Alexis Christoforous talks with JDRF T1D Fund chairman Sean Doherty about the company’s projects. For more information, copy and paste this link into your browser: www.t1dfund.org Or, email: firstname.lastname@example.org
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss why stocks are down today.
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