Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) Trading Down 9.3% – What’s Next?

Posted by John Perry on Oct 5th, 2025

Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU – Get Free Report)’s share price traded down 9.3% during mid-day trading on Friday . The company traded as low as $96.40 and last traded at $97.03. 752,572 shares were traded during trading, a decline of 77% from the average session volume of 3,288,025 shares. The stock had previously closed at $107.01.

Direxion Daily PLTR Bull 2X Shares Trading Down 14.8%

The business has a 50-day moving average price of $89.93 and a 200-day moving average price of $64.84.

Direxion Daily PLTR Bull 2X Shares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd were given a dividend of $0.3624 per share. This represents a $1.45 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from Direxion Daily PLTR Bull 2X Shares’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 23rd.

Institutional Investors Weigh In On Direxion Daily PLTR Bull 2X Shares

A number of institutional investors and hedge funds have recently modified their holdings of PLTU. Bank of America Corp DE acquired a new stake in shares of Direxion Daily PLTR Bull 2X Shares during the fourth quarter worth $696,000. Diversify Wealth Management LLC acquired a new stake in shares of Direxion Daily PLTR Bull 2X Shares during the first quarter worth $281,000. Hollencrest Capital Management acquired a new position in Direxion Daily PLTR Bull 2X Shares during the first quarter valued at $64,000. Belvedere Trading LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares during the first quarter valued at $337,000. Finally, Jump Financial LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares during the first quarter valued at $206,000.

About Direxion Daily PLTR Bull 2X Shares

(Get Free Report)

The Direxion Daily PLTR Bull 2X Shares (PLTU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.