Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) Shares Gap Up – Here’s Why

Posted by Shane Hupp on Aug 4th, 2026

Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $28.39, but opened at $36.98. Direxion Daily PLTR Bull 2X Shares shares last traded at $40.06, with a volume of 4,309,510 shares trading hands.

Direxion Daily PLTR Bull 2X Shares Stock Performance

The business has a fifty day moving average of $31.96 and a 200-day moving average of $40.61.

Direxion Daily PLTR Bull 2X Shares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Hedge Funds Weigh In On Direxion Daily PLTR Bull 2X Shares

Large investors have recently modified their holdings of the company. Simplex Trading LLC bought a new stake in Direxion Daily PLTR Bull 2X Shares during the 4th quarter worth approximately $58,000. Wealth Watch Advisors INC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares during the 3rd quarter valued at $111,000. Kestra Private Wealth Services LLC bought a new position in shares of Direxion Daily PLTR Bull 2X Shares in the third quarter worth $205,000. Hoey Investments Inc. increased its holdings in shares of Direxion Daily PLTR Bull 2X Shares by 724.0% in the first quarter. Hoey Investments Inc. now owns 2,060 shares of the company’s stock worth $92,000 after purchasing an additional 1,810 shares during the period. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the third quarter worth $466,000.

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.