SOXS Semiconductor Bear ETF Surges Amid Chip Stock Sell-Off
The Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA: SOXS) surged nearly 9% on July 19, as chip stocks declined due to a downgrade of SK Hynix and concerns over fixed-price contracts. The ETF's inverse-leveraged structure benefits from daily declines in semiconductor benchmarks.
Tickers: $AMD $NVDA $SKHYV $SOXS