Stock Track | Direxion Daily Semiconductors Bear 3x Shares (SOXS) Soars 5.07% Amid Market Sell-off
The Direxion Daily Semiconductors Bear 3x Shares experienced a significant surge of 5.07% in pre-market trading on Monday, as the broader US stock market faced a sharp sell-off. This movement reflects the inverse relationship between SOXS and the performance of semiconductor stocks.SOXS is an inverse leveraged ETF designed to provide three times the inverse daily performance of the ICE Semiconductor Index. As semiconductor stocks decline, SOXS typically rises, making it a popular instrument for
