SOXL

They Bought the Dip With 3x Leverage — Then the Dip Kept Dipping: SOXL's Record $6.1 Billion Bet Is Down 43% in October

2026-10-24

Investors poured a record $6.1 billion into the Direxion Daily Semiconductor Bull 3X ETF (SOXL) last week, betting that the October chip-stock slide was about to reverse. Instead, SOXL fell another...

They Bought the Dip With 3x Leverage — Then the Dip Kept Dipping: SOXL's Record $6.1 Billion Bet Is Down 43% in October

2026-10-24

Investors poured a record $6.1 billion into SOXL last week, betting that beaten-down chip stocks were about to bounce. Instead the dip kept dipping: the 3x leveraged semiconductor ETF fell another...