Direxion Daily AMZN Bull 2X Shares (AMZU)
Market Open
12 Jun, 14:02
NASDAQ (NMS) NASDAQ (NMS) Primary $
32. 98
-1.82
-5.2299%
$
393.16M Market Cap
1.01% Div Yield
1.14M Volume
$ 34.8
Previous Close Investors:
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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
