🔴 Direxion Daily MU Bull 2X Shares is trading 4.3% down today on continued Micron profit-taking and semiconductor weakness

Direxion Daily MU Bull 2X Shares is trading at $664.00, down 4.3% in after-hours action, extending a steep multi-day pullback as the semiconductor sector faces renewed selling pressure.

• The fund, which provides 2x leveraged exposure to Micron Technology (MU), is being hit by heavy profit-taking in the underlying stock following an overheated AI-chip rally.
• Broader market sentiment has shifted to a risk-off tone, with intensified tech-focused selling weighing on leveraged semiconductor instruments.