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Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Gap Up - Should You Buy?


Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Gap Up   - Should You Buy?

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $95.04, but opened at $98.32. Direxion Daily NVDA Bull 2X Shares shares last traded at $96.08, with a volume of 142,334 shares traded.

The stock's 50-day simple moving average is $111.15 and its two-hundred day simple moving average is $104.37.

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.6505 dividend. The ex-dividend date was Monday, December 23rd.

Large investors have recently bought and sold shares of the business. Hollencrest Capital Management acquired a new position in Direxion Daily NVDA Bull 2X Shares in the second quarter worth $111,000. AE Wealth Management LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares during the 2nd quarter worth about $533,000. Creative Planning bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter worth about $377,000. Captrust Financial Advisors acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares during the third quarter worth approximately $374,000. Finally, Flow Traders U.S. LLC bought a new position in Direxion Daily NVDA Bull 2X Shares in the 3rd quarter valued at $2,165,000.

The Direxion Daily NVDA Bull 2X Shares (NVDU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Direxion Daily NVDA Bull 2X Shares, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily NVDA Bull 2X Shares wasn't on the list.

While Direxion Daily NVDA Bull 2X Shares currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

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