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Investors lose 60% in Direxion's SOXL ETF after massive gains

Investors have lost over 60% in the Direxion Daily Semiconductor Bull 3x ETF (SOXL) after a previous 500% gain, highlighting the dangers of leveraged ETFs amid declining tech stocks. This sharp declin

Investors Are Learning a Hard Lesson About the Dangers of Using Leverage
Nasdaq News โ€” 3 August 2026
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Investors are facing significant losses after the Direxion Daily Semiconductor Bull 3x ETF (SOXL) plummeted more than 60% in just over a month. This s

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