Direxion Daily AMZN Bull 2X Shares logo

Direxion Daily AMZN Bull 2X Shares (AMZU)

Market Open
12 Jun, 14:02
NASDAQ (NMS) NASDAQ (NMS)
$
32. 98
-1.82
-5.2299%
$
393.16M Market Cap
1.01% Div Yield
1.14M Volume
$ 34.8
Previous Close
Investors:
Add Transaction
Day Range
32.54 35.36
Year Range
24.54 47.14
Want to track AMZU and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
AMZU: Not The Right Time Unless Risk-Tolerance Is High

AMZU: Not The Right Time Unless Risk-Tolerance Is High

The article discusses the Direxion Daily AMZN Bull 2X Shares ETF as a leveraged play on Amazon Inc. The ETF has a relatively low yield and lackluster price performance compared to the underlying stock. My opinion is that investors should tread carefully and consider the risk-reward tradeoff before investing in AMZU, particularly now that AMZN seems to have hit a key resistance level.

Seekingalpha | 2 years ago