Direxion Shares ETF Trust Direxion Daily XOM Bear 1X ETF

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New York, New York, March 13, 2026 (GLOBE NEWSWIRE) -- Closures Due to Limited Interest Since Launch Due to their inability to attract sufficient investment assets, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close ten ETFs (each, a “Fund” and collectively, the “Funds”), based on the recommendation of the Funds' adviser, Rafferty Asset Management, LLC. The Board concluded that liquidating and closing the Funds would be in the best interest of the Funds and their shareholders.

In the world of oil trading, volatility is a way of life. It's also an ideal opportunity for traders to make a profit.

Shares of Exxon Mobil Corporation (Ticker: XOM) are slightly positive so far in 2025, although it's been a volatile* ride. Oil prices plummeted in April following Liberation Day tariffs that stoked fears of a global recession, which dampened demand expectations.

Call it a slick move by the oil and gas company, but Exxon Mobil is achieving profitability despite a challenging macro environment, especially with falling oil prices. The oil and gas giant outperformed in its latest earnings results.