Latest Stock Split Details
Key information about Direxion Daily S&P Biotech Bull 3X ETF's most recent stock split
Split Date: 2023-12-04
Split Ratio: 1:20
Price Before Split: N/A
Price After Split: N/A
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 20.00 times fewer shares (a 1:20 ratio)
- The price per share is increased proportionally
Historical Stock Splits
A comprehensive history of Direxion Daily S&P Biotech Bull 3X ETF's stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2023-12-04 | 1:20 | Yes | N/A | N/A |
| 2016-03-24 | 1:4 | Yes | N/A | N/A |
About Direxion Daily S&P Biotech Bull 3X ETF
Company overview and industry information
Direxion Daily S&P Biotech Bull 3X ETF (LABU) operates in the Asset Management - Leveraged industry. The recent 1-for-20 reverse stock split is part of the company's strategy to adjust its share price and potentially meet stock exchange listing requirements.
Asset Management - Leveraged
Go to Direxion Daily S&P Biotech Bull 3X ETF Summary