MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXX) Trading 13% Higher – What’s Next?

MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXXGet Free Report) shares rose 13% during mid-day trading on Wednesday . The stock traded as high as $35.56 and last traded at $35.49. Approximately 2,646,173 shares changed hands during trading, an increase of 101% from the average daily volume of 1,315,172 shares. The stock had previously closed at $31.40.

MAX S&P 500 4x Leveraged ETN Stock Performance

The firm has a 50 day moving average price of $30.92 and a 200-day moving average price of $43.17.

MAX S&P 500 4x Leveraged ETN Company Profile

(Get Free Report)

The MAX S&P 500 4X Leveraged ETN (XXXX) is an exchange-traded fund that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. XXXX was launched on Dec 7, 2023 and is issued by Max.

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