Direxion Daily MU Bull 2X ETF

MUU

Market cap $5.87B

New York, United States, June 26, 2026 (GLOBE NEWSWIRE) -- Direxion to Split Nine ETFs New York, United States, June 26th, 2026, NewsDirect Corrected CUSIPs for TECS and SOXS Direxion announced on June 10, 2026 it will execute forward share splits for two of its exchange-traded funds (“ETFs”), as well as reverse share splits for an additional seven ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.

LongPoint expects to launch three ETFs - AMDU, MUU, ORBU New Savvy ETFs provide two times leveraged long exposure to AMD, Micron, and SpaceX LongPoint is a Canadian owned and operated ETF provider Toronto, Ontario--(Newsfile Corp. - June 15, 2026) - LongPoint Asset Management Inc. ("LongPoint") is proud to announce the launch of three new Savvy Double Leveraged Single Stock ETFs on the Toronto Stock Exchange (the "TSX") on Wednesday, June 17, 2026. The SavvyLong (2X) AMD ETF ("AMDU") offers two times leveraged long exposure to Advanced Micro Devices, Inc., the SavvyLong (2X) Micron ETF ("MUU") offers two times leveraged long exposure to Micron Technology, Inc., and the SavvyLong (2X) SpaceX ETF ("ORBU") offers two times leveraged long exposure to Space Exploration Technologies Corporation.

Once-hot Micron (MU) is proving vulnerable to a recent uptick in volatility weighing on the artificial intelligence (AI) trade. As of late Wednesday, shares of the memory chipmaker were off 16.55% over the past week and following a recent flirtation with $1,100, the stock is clinging to $900.

New York, New York, June 10, 2026 (GLOBE NEWSWIRE) -- Forward Splits of Two ETFs, Reverse Splits of Seven ETFs Direxion has announced it will execute forward share splits for two of its exchange-traded funds (“ETFs”), as well as reverse share splits for an additional seven ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below. Forward Splits After the close of the markets on July 14, 2026 (the “Payable Date”), each Fund noted in the table below will effect a forward split of its issued and outstanding shares as follows:

If you held Direxion Daily MU Bull 2X Shares (NYSEARCA:MUU) into Friday's close, you watched the fund shed 26.65% in a single session, which is what 2x daily leverage does when its underlying has its worst day in years.

A screenshot circulating on r/MU_Stock shows a brokerage account went from $258,506.22 in buying power to $2,971,054.95, a 823.97% year-to-date gain, on a single trade.

May saw strong traffic on ETF Trends and ETF Database, with articles drawing attention to key market concerns, like interest rates and AI, ranking high with readers. Todd Shriber's article “Micron Stock Feels Unstoppable and That's Good for This ETF” claimed the top ranking for the month.

Leveraged ETFs delivered massive gains in May as easing geopolitical tensions, AI optimism and strong earnings fueled a sharp market rally.

With 10-year Treasury yields soaring to multi-year highs, it's not surprising the S&P 500 is, as of May 19, on a three-session skid — one that's weighing on some previously high-flying growth stocks. Micron (MU) hasn't been immune.

Micron (MU) sits at the epicenter of the dynamic random access memory (DRAM) trade – one of the quintessential artificial intelligence (AI) bottlenecks. As a result, the stock has become a freight train.