Welcome to our dedicated page for Direxion Daily Metals & Mining Bull 2X Shares news (Ticker: MNM), a resource for investors and traders seeking the latest updates and insights on Direxion Daily Metals & Mining Bull 2X Shares stock.
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Direxion has launched the Daily Metal Miners Bull 2X Shares ETF (Ticker: MNM), aiming for 200% of the daily performance of the S&P Metals and Mining Select Industry Index. This index includes U.S. companies involved in metal extraction such as aluminum, copper, and gold. With a recent $973 billion infrastructure plan, the metals and mining industry is poised for growth. As of August 31, 2021, the index constituents had a median market cap of $8 billion. Investors are warned of the risks associated with leveraged ETFs.
