About Direxion Daily S&P Biotech Bull 3X Shares (LABU)

The Direxion Daily S&P Biotech Bull 3X Shares (LABU) is an exchange-traded fund (ETF) that seeks to provide 3 times the daily performance of the S&P Biotechnology Select Industry Index. This ETF offers a way for investors to gain exposure to the biotech sector and potentially amplify their returns through leverage. With LABU, investors can take advantage of the potential growth opportunities in the biotech industry.

As of the latest quote, the Direxion Daily S&P Biotech Bull 3X Shares (LABU) is trading at $102.20. The ETF has a market cap of $420.12 million and a 52-week range of $39.78 to $123.52. LABU has a trading volume of 2.72 million shares, indicating strong investor interest in the fund.