Direxion Daily PANW Bull 2X ETF (PALU)
Direxion Daily PANW Bull 2X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $64.01, up 2.07% on the session, giving a market capitalisation of $36.8M. Its beta of 3.26 implies it has historically moved more than the broad market.
These two Direxion exchange-traded funds, the Daily PANW Bull 2X ETF and the Daily PANW Bear 1X ETF, are designed to deliver daily investment results that track the performance of Palo Alto Networks, Inc. (NASDAQ: PANW) common shares, prior to any fees and expenses. The Bull 2X ETF seeks to achieve twice the daily return of PANW stock, whereas the Bear 1X ETF aims for a daily return equivalent to 100% of the inverse performance of those shares.
Direxion Daily PANW Bull 2X ETF is most often compared with the following Financial Services names: