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flag SOXS semiconductor bear ETF hits 52-week high of $47.40, while FAS financial ETF drops 16%.

flag On April 4th, Direxion Daily Semiconductors Bear 3x Shares (SOXS) hit a new 52-week high of $47.40, marking a 22.2% rise from its previous close of $36.81. flag The ETF aims to deliver 300% of the inverse performance of the PHLX Semiconductor Sector Index. flag Meanwhile, Direxion Daily Financial Bull 3X Shares (FAS) saw its stock price drop by 16%, closing at $115.32, indicating ongoing volatility in the financial services sector.

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