MOAT, QQQU: Big ETF Inflows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2024
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Source: NASDAQ.COM
- Big ETF Inflows: The Direxion Daily Concentrated Qs Bull 2X Shares saw a significant increase in inflows, adding 75,000 units, representing a 37.5% rise in outstanding units.
- Underlying Components: In morning trading, Alphabet's stock was down by approximately 0.1%, while AMAZON.COM's stock was up by around 0.8%.
- Author's Disclaimer: The opinions expressed in the content belong to the author and may not necessarily align with those of Nasdaq, Inc.
Analyst Views on MOAT
Wall Street analysts forecast MOAT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MOAT 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: 107.550
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Current: 107.550
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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.
