Mid Cap Stocks To Follow Now - July 27th

Key Points

• Mid-cap stocks such as Direxion Daily TSLA Bull 2X Shares, AltC Acquisition, and ProShares UltraPro Short QQQ are among the top stocks to watch, boasting high trading volumes and a blend of growth potential and stability.
• Direxion Daily TSLA Bull 2X Shares (TSLL) recently traded at $11.27 with a market capitalization of $6.01 billion and a P/E ratio of 88.55.
• ProShares UltraPro Short QQQ (SQQQ) aims to deliver three times the inverse performance of the NASDAQ-100 Index and was recently priced at $18.25.

Direxion Daily TSLA Bull 2X Shares, AltC Acquisition, and ProShares UltraPro Short QQQ are the three Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of companies whose total market capitalization typically falls between roughly $2 billion and $10 billion. They occupy the middle ground between large-cap and small-cap firms, offering a blend of growth potential and relative stability. Investors often favor mid-caps for their capacity to outperform in rising markets while presenting less volatility than smaller companies. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

Direxion Daily TSLA Bull 2X Shares (TSLL)

Direxion Daily TSLA Bull 2X Shares stock traded up $0.73 during midday trading on Friday, reaching $11.27. The stock had a trading volume of 210,803,625 shares, compared to its average volume of 169,195,828. The stock has a market capitalization of $6.01 billion, a P/E ratio of 88.55 and a beta of -5.14. The firm's fifty day simple moving average is $12.61 and its 200-day simple moving average is $14.15. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $6.29 and a 1-year high of $41.50.

Read Our Latest Research Report on TSLL

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Shares of ALCC traded up $0.91 during mid-day trading on Friday, hitting $75.50. 18,541,257 shares of the company's stock were exchanged, compared to its average volume of 723,393. AltC Acquisition has a 52 week low of $10.27 and a 52 week high of $18.80. The company has a 50-day simple moving average of $55.58 and a 200 day simple moving average of $39.31.

Read Our Latest Research Report on ALCC

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

NASDAQ SQQQ traded down $0.10 during trading hours on Friday, hitting $18.25. 67,181,053 shares of the company traded hands, compared to its average volume of 91,220,891. The business's 50-day moving average is $21.26 and its 200-day moving average is $28.80. ProShares UltraPro Short QQQ has a twelve month low of $18.13 and a twelve month high of $57.95.

Read Our Latest Research Report on SQQQ

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.