Direxion Daily S&P Biotech Bear 3X ETFLABD

LABD is the Direxion Daily S&P Biotech Bear 3X ETF, a U.S.-listed leveraged exchange-traded fund. The fund aims to deliver three times the inverse of the daily performance of an S&P biotechnology index. It is commonly used by investors seeking short-term bearish exposure to the biotech sector and is tagged among U.S. growth-related stocks.

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