On October 2, Direxion Daily TSLA Bull 2X Shares rose 8.64% in regular trading, trading at $9.7701/share, with turnover of $215 million.
On the news front, Tesla reported third-quarter deliveries of 486,532 vehicles, significantly surpassing the market consensus estimate of 463,761 units by approximately 4.9%. The better-than-expected delivery figures drove Tesla shares up over 2.3% intraday, with the 2x leveraged ETF amplifying the underlying stock's gains. Additionally, prominent investment firm Ark Invest recently added 48,352 shares of Tesla through its flagship ARKK fund, signaling institutional confidence in Tesla's medium- to long-term outlook and further reinforcing market sentiment.
The fund, under normal circumstances, invests at least 80% of its net assets in the securities of TSLA and financial instruments such as swap agreements and options that provide leveraged exposure to TSLA. The fund is non-diversified.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)