New ETF Launch: Direxion has introduced five new single-stock daily leveraged and inverse ETFs aimed at traders focused on speed and volatility, including Oracle, Coinbase, Robinhood, and Intel.
Targeted for Active Traders: These ETFs are designed for short-term tactical trading rather than long-term investment, catering to traders who prefer high-conviction, concentrated exposure to specific market themes like digital assets and AI.
Risk Awareness: Direxion emphasizes the unpredictable nature of leveraged and inverse ETFs over multiple days due to compounding effects, urging traders to educate themselves before investing.
Thematic Expansion: This launch is part of Direxion's broader strategy to enhance its thematic offerings, following previous introductions of leveraged and inverse ETFs focused on AI and big data.
Wall Street analysts forecast CONX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CONX 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.
0 Analyst Rating
Wall Street analysts forecast CONX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CONX 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.
0 Buy
0 Hold
0 Sell
Current: 17.378
Low
Averages
High
Current: 17.378
Low
Averages
High
No data
About CONX
CONX Corp. is a blank check company. The Company's business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets. The Company intends to focus its search on identifying a target that can benefit from its operational expertise in the technology, media and telecommunications industry, including the wireless communications industry.
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.
