CLDL stock forecast, quote, news & analysis

The most notable companies in this group are Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), SERVICENOW (NYSE:NOW), CrowdStrike Holdings (NASDAQ:CRWD), Workday (NASDAQ:WDAY), Autodesk (NASDAQ:ADSK), Atlassian Corp (NASDAQ:TEAM), Zscaler (NASDAQ:ZS), Zoom Video Communications (NASDAQ:ZM).

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Indxx USA Cloud Computing Index. The index is provided by Indxx, LLC and includes common stock and American depositary receipts of companies that deliver cloud computing infrastructure, platforms, or services. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.

The average market capitalization across the Direxion Daily Cld Cmptng Bl 2X Shs ETF ETF is 38.71B. The market cap for tickers in the group ranges from 672.18M to 344.88B. ORCL holds the highest valuation in this group at 344.88B. The lowest valued company is VMEO at 672.18M.

The average weekly price growth across all stocks in the Direxion Daily Cld Cmptng Bl 2X Shs ETF ETF was 2%. For the same ETF, the average monthly price growth was 25%, and the average quarterly price growth was 34%. MSTR experienced the highest price growth at 26%, while VEEV experienced the biggest fall at -9%.

The average weekly volume growth across all stocks in the Direxion Daily Cld Cmptng Bl 2X Shs ETF ETF was -18%. For the same stocks of the ETF, the average monthly volume growth was 55% and the average quarterly volume growth was 52%