Direxion Daily GOOGL Bull 2x Shares (GGLL)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
GGLL Chart
Google's Stock Price Is Down, But Could Be a Buy
Google's stock is following its Magnificent Seven peers lower so far this year. But it could be a potential buy if certain factors end up working in the search engine giant's favor.
Google Still a Growth Story, But Short-Term Questions Remain
Google's current growth story, like its other big tech peers, will center around artificial intelligence (AI) as its main protagonist. Short-term questions also remain, but it creates an opportunity for traders to play the stock regardless if it heads up or down.
GGLL: Window Of Opportunity Imminent For A Leveraged GOOGL Play
The Direxion Daily GOOGL Bull 2X Shares ETF aims to provide a daily 200% return compared to Alphabet GOOGL stock. Leveraged ETFs like GGLL come with risks, including volatility decay and the potential for significant losses. Momentum indicators suggest a short-term opportunity to invest in GGLL, but caution is advised due to the risks involved.
Direxion Daily GOOGL Bull 2x Shares Dividends
| GGLL 5 months ago | Other | $0.34 Per Share |
| GGLL 5 months ago Paid | Other | $0.39 Per Share |
| GGLL 8 months ago Paid | Quarterly | $0.24 Per Share |
| GGLL 11 months ago Paid | Quarterly | $0.33 Per Share |
| GGLL 19 Mar 2024 Paid | Quarterly | $0.2 Per Share |
Direxion Daily GOOGL Bull 2x Shares Earnings
| GGLL 5 months ago | Other | $0.34 Per Share |
| GGLL 5 months ago Paid | Other | $0.39 Per Share |
| GGLL 8 months ago Paid | Quarterly | $0.24 Per Share |
| GGLL 11 months ago Paid | Quarterly | $0.33 Per Share |
| GGLL 19 Mar 2024 Paid | Quarterly | $0.2 Per Share |
Direxion Daily GOOGL Bull 2x Shares (GGLL) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Direxion Daily GOOGL Bull 2x Shares ever had a stock split?
Direxion Daily GOOGL Bull 2x Shares Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund is designed as an investment vehicle that aims to amplify the investment returns related to the performance of Alphabet Inc. (GOOGL) stock. It accomplishes this through the use of leverage, specifically entering into swap agreements with major global financial institutions. These swaps allow the fund to offer returns that are double (200%) the daily performance of its net assets, by exchanging the investment returns between the fund and the financial institutions. This strategy implies a higher risk and reward potential, as the use of leverage can significantly increase the impact of market movements on the fund's value. Given its focus on a single company's stock and leveraging strategy, the fund is classified as non-diverse.
Products and Services
The fund's primary offering is a leveraged investment product that targets investors looking for amplified exposure to the stock performance of Alphabet Inc. (GOOGL). Below is a detailed listing of its service:
- Leveraged Investment in GOOGL: The fund provides an investment product that aims to deliver twice the daily performance of Alphabet Inc. (GOOGL) stock through leverage. This is achieved by utilizing swap agreements with major global financial institutions, which essentially allow the fund to exchange the returns on an investment in GOOGL stock, equal on a daily basis to 200% of the value of the fund's net assets. This unique approach offers potential for higher returns but comes with increased risk, particularly given the volatile nature of technology stocks and the compounding effects of daily leverage. It is an attractive option for investors who have a bullish outlook on GOOGL and are willing to accept the higher risk associated with leveraged investment strategies.
Contact Information
