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The Direxion Daily SHOP Bull 2X ETF (NASDAQ: SHPU ) soared nearly 40% on Wednesday, emerging as one of the session’s top-performing U.S.-listed ETFs after Shopify Inc’s (NASDAQ: SHOP ) stronger-than-expected quarterly results sparked a sharp rally in the stock. SHPU is a single-stock leveraged ETF designed to deliver 2
Inverse ETFs tied to Advanced Micro Devices Inc. (NASDAQ: AMD ) rallied sharply on Wednesday as investors rushed to bearish products following the chipmaker’s post-earnings decline. The Defiance Daily Target 2X Short AMD ETF (NYSE: DAMD ) jumped about 15%, making it one of the day’s top-performing leveraged ETFs. The f