Direxion Launches Low Priced Stock ETF, ‘LOPX’
July 22, 2021 at 14:04 PM EDT
On Thursday, Direxion announced the launch of the Direxion Low Priced Stock ETF (LOPX). LOPX invests in 50 companies trading at share prices between $2 and $5 at the time of purchase. Low-priced stocks tend to be in the small-to-mid cap range of the market, with higher return potential on average,...