Direxion Daily Small Cap Bull 3X Shares Experiences Big Outflow
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2024
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Source: NASDAQ.COM
TNA Stock Performance: TNA's stock has a 52-week low of $30.45 and a high of $58, with the last trade recorded at $55.37, indicating a strong position within its trading range.
ETFs Trading Dynamics: Exchange traded funds (ETFs) function like stocks but involve buying and selling "units," which can be created or destroyed based on investor demand, affecting the underlying holdings significantly.
Analyst Views on TNA
Wall Street analysts forecast TNA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TNA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 57.990
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Current: 57.990
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
