Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Trading Down 15% – Here’s Why

Shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report) traded down 15% on Monday . The stock traded as low as $41.28 and last traded at $41.51. 1,474,080 shares changed hands during trading, a decline of 40% from the average session volume of 2,451,904 shares. The stock had previously closed at $48.82.

Defiance Daily Target 2X Long RKLB ETF Price Performance

The stock’s 50-day moving average price is $45.01 and its 200-day moving average price is $37.27.

Defiance Daily Target 2X Long RKLB ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.

Further Reading

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