Direxion Daily Gold Miners Index Bull 2x Shares Stock Forecast, Price & News

Wall Street analysts have given Direxion Daily Gold Miners Index Bull 2x Shares a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Direxion Daily Gold Miners Index Bull 2x Shares wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Direxion Daily Gold Miners Index Bull 2x Shares' stock was trading at $19.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NUGT stock has increased by 210.6% and is now trading at $61.46.
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Direxion Daily Gold Miners Index Bull 2x Shares shares reverse split on the morning of Thursday, April 23rd 2020. The 1-5 reverse split was announced on Wednesday, April 8th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 22nd 2020. An investor that had 100 shares of Direxion Daily Gold Miners Index Bull 2x Shares stock prior to the reverse split would have 20 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Gold Miners Index Bull 2x Shares investors own include Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG), NIO (NIO), NVIDIA (NVDA), Direxion Daily Gold Miners Index Bear 2x Shares (DUST), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Micron Technology (MU), Advanced Micro Devices (AMD) and The Boeing (BA).

Direxion Daily Gold Miners Index Bull 2x Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "NUGT."

Direxion Daily Gold Miners Index Bull 2x Shares' stock is owned by many different retail and institutional investors. Top institutional investors include Cutler Group LP (0.00%) and Claudia M.P. Batlle CRP R LLC (0.10%).

NUGT stock was bought by a variety of institutional investors in the last quarter, including Cutler Group LP, and Claudia M.P. Batlle CRP R LLC.

Shares of NUGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NUGT stock can currently be purchased for approximately $61.46.

Direxion Daily Gold Miners Index Bull 2x Shares has a market capitalization of $922.02 million.