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In the high-velocity environment of equities trading, a heavy dose of volatility equates to plenty of opportunities. The capital markets saw exactly that in the first quarter of 2026, which saw strong demand for Direxion Investments' leveraged-inverse ETF product suite.
The market reaction to Micron's latest earnings is a classic example of how leveraged-inverse ETFs can be beneficial to short-term traders. In this case, the Direxion's Daily MU Bull 2X Shares (MUU) used in tandem with the Daily MU Bear 1X Shares (MUD) can offer tactical traders greater market precision.
New York, New York, USA, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Direxion, a leading provider of ETFs for tactical traders, has announced date changes for the reverse split of the issued and outstanding shares of the Direxion Daily MU Bear 1X Shares and Direxion Daily TSLA Bear 1X Shares, (the “Funds”). The total market value of the shares outstanding will not be affected as a result of this split, except with respect to the redemption of fractional shares, as outlined below.
After the market dominance of AI in 2025, investors are wondering if valuations are currently in line with fundamentals. That said, global markets are entering a critical phase in early 2026 with regard to the AI trade.
New York, United States, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Direxion , a leading provider of ETFs for tactical traders, has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Junior Gold Miners Index Bear 2X Shares, Direxion Daily Semiconductor Bear 3X Shares, Direxion Daily Gold Miners Index Bear 2X Shares, Daily S&P 500 High Beta Bear 3X Shares, Direxion Daily MU Bear 1X Shares and Direxion Daily TSLA Bear 1X Shares, (the “Funds”). The total market value of the shares outstanding will not be affected as a result of this split, except with respect to the redemption of fractional shares, as outlined below.After the close of the markets on March 4, 2026 (the “Effective Date”), each Fund will effect a reverse split of its issued and outstanding shares as follows: Please note the CUSIP changes, effective March 5, 2026: As a result of these reverse splits, every twenty, or ten shares of a Fund will be exchanged for one share as indicated in the table above. Accordingly, the total number of the issued and outstanding shares for a Fund will decrease by the approximate percentage indicated above. In addition, the per share net asset value (“NAV”) and next day's opening market price will be approximately twenty, or ten-times higher for the Funds. Shares of the Funds will begin trading on their respective listing exchange (the “Exchange”) on a split-adjusted basis on March 5, 2026.The next day's opening market value of the Funds' issued and outstanding shares, and thus a shareholder's investment value, will not be affected by the reverse split. The table below illustrates the effect of a hypothetical one-for-twenty or one-for-ten reverse split anticipated for the Funds: 1-for-20 Reverse Split
Investors are pouring into Direxion's leveraged Micron Technology, Inc. (MU) exchange-traded fund as the semiconductor giant rides a wave of artificial intelligence infrastructure spending to all-time highs.
Micron smashed its fiscal Q4 earnings with beats across the board and positive guidance on Tuesday, which should gives bulls more room to run. However, its largest peer in the semiconductor space, Nvidia, could be heading in the opposite direction.
When it comes to market cap size, Micron Technology (MU) might not crack the top 10 in largest semiconductor companies, but it's still a name to watch. With the broad semiconductors industry continuing to gain strength, MU is poised for further upside.
SEC filings for MUD aren't indexed yet (common for recently launched funds). Browse the issuer's filings on SEC EDGAR directly.