Direxion Moonshot Innovators ETF MOON (NYSEARCA:MOON) Trading Down 5.5% – Here’s Why

Direxion Moonshot Innovators ETF MOON (NYSEARCA:MOONGet Free Report) shares fell 5.5% on Friday . The company traded as low as $8.60 and last traded at $8.60. 6,300 shares traded hands during trading, a decline of 66% from the average session volume of 18,644 shares. The stock had previously closed at $9.10.

Direxion Moonshot Innovators ETF MOON Stock Performance

The business’s 50-day simple moving average is $10.30 and its two-hundred day simple moving average is $10.32.

Direxion Moonshot Innovators ETF MOON Company Profile

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The Direxion Moonshot Innovators ETF (MOON) is an exchange-traded fund that is based on the S&P Kensho Moonshots index. The fund tracks a tier-weighted index that selects US-listed companies seeking innovative technologies. MOON was launched on Nov 12, 2020 and is managed by Direxion.

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