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Direxion Daily S&P Biotech Bear 3X Shares (P:LABD)

Business Focus: N/A

Jul 27, 2020 06:47 pm ET
Direxion Announces Reverse Splits of Six Daily Leveraged ETFs
NEW YORK, July 27, 2020 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily S&P Biotech Bear 3X Shares, Direxion Daily Semiconductor Bear 3X Shares, Direxion Daily Communication Services Index Bear 3X Shares, Direxion Daily Consumer Discretionary Bear 3X Shares, Direxion Daily Dow Jones Internet Bear 3X Shares, and the Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (each, a "Fund" and collectively, the "Funds"). The total market value of the shares outstanding will not be affected as a res
Feb 28, 2018 03:30 pm ET
Direxion Announces Reverse Splits of Five ETFs
NEW YORK, Feb. 28, 2018 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Technology Bear 3X Shares, Direxion Daily Energy Bear 3X Shares, Direxion Daily MSCI Emerging Markets Bear 3X Shares, Direxion Daily S&P Biotech Bear 3X Shares and the Direxion Daily FTSE China Bear 3X Shares (each a "Fund" and collectively the "Funds"). 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.