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February 26, 2023
Markets closed lower, with Direxion Daily FTSE China Bull 3X Shares, Direxion Daily S&P Biotech Bull 3X Shares, Direxion Daily Semiconductor Bull 3X Shares making Friday's list of top losers.
A review of what happened Friday: leading equity indices in the US declined as after dropping 1.69%, Nasdaq closed at 11,400. Dow Jones was down 1.02% before closing the session at 32,817.
In line with markets falling Friday, some etfs made the list of top losers. Take a look.
Direxion Daily Semiconductor Bull 3x Shares | Closed 77 cents (-5.11%) lower at $14.31
Direxion Daily Semiconductor Bull 3x Shares is now trading 66.92% below the significant high of $45.58 it set around 10 months ago.
-9.41%: YINN closed at $41.69 after losing 9.41% Friday
More of the same from Friday's session: a tough session dominated by bearish sentiment left YINN $4.33 lower, while setting a $41 to $43 session range.
-7.12%: LABU falls back to $6.26 after shedding 7.12% Friday
Friday's session continued down the same path: a tough session dominated by bearish sentiment left LABU 48 cents lower, while setting a $6.23 to $6.53 session range.
