EDZ Reverse Split: The Direxion Daily Emerging Markets Bear 3x Shares (EDZ) (launch article) will have a 1:10 reverse split as of today’s close with trading at the post-split price to commence on Thursday (3/4/10). EDZ closed at $5.12 which...
Direxion, an ETF company specializing in inverse and leveraged products, plans a one-for-10 reverse split on shares of its triple-inverse emerging markets ETF (NYSEArca: EDZ) on March 4 to address a 92 percent slide in price last year that...
Will today be the day that the Daily Trend Models signal a reversal of fortune for the equity markets? We will know if and when the Daily Models breach thresholds at the close. Before the Daily Models fall, the 240 minute models must go first,...
The investment seeks to replicate, net of expenses, 300% of the inverse daily performance of the MSCI Emerging Markets Index The fund will invest at least 80% of assets in securities that comprise the index. It will also utilize financial...
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