Market Performance
MAX S&P 500 4X Leveraged ETN (AMEX:SPYU) surged 5.1% in today's trading, closing at $31.18.
The Financial Services stock traded 1,923,927 shares, 2.9x its average daily volume of 669,995 shares.
big mover upAMEX:SPYU
MAX S&P 500 4X Leveraged ETN (SPYU) Surges 5.1% on Heavy Volume
MAX S&P 500 4X Leveraged ETN (AMEX:SPYU) surged 5.1% in today's trading, closing at $31.18.
At publication ·
What changed
MAX S&P 500 4X Leveraged ETN (AMEX:SPYU) · big mover up
- Price at event
- $31.18
- Price change
- 5.09%
- Average volume to event volume
- 670K to 1.9M
- 52-week high
- $37.82
- 52-week low
- $18.37
At a glance
Key takeaways
- SPYU surged 5.1% to close at $31.18 with trading volume of 1.9 million shares, 2.9 times its average daily volume.
Company Overview
MAX S&P 500 4X Leveraged ETN has a market capitalization of $445.2M. The stock has traded year-to-date.
Sharp single-day moves like this rally in MAX S&P 500 4X Leveraged ETN are often driven by news catalysts — earnings surprises, analyst actions, sector developments, or broader market conditions. Investors should identify the specific driver before making trading decisions, as the sustainability of the move depends on whether the catalyst changes the fundamental outlook.
Today's trading volume of 1,923,927 shares is 2.9x the average daily volume, indicating significantly elevated interest. Moves on heavy volume are generally considered more meaningful than those on light volume, as they reflect broader participation.
MAX S&P 500 4X Leveraged ETN currently trades at $31.18, positioning the stock at the 66th percentile of its 52-week range ($18.37 — $37.82). This range context helps investors assess whether the stock is trading near support, resistance, or fair value relative to its recent history.
Related Tools: View SPYU Stock Page
Frequently Asked Questions
What is causing SPYU's price movement?
Price movements can be driven by earnings, analyst actions, or sector trends. Check the latest on our SPYU news page.
What is SPYU's 52-week range?
See full price history and interactive charts on our SPYU chart page.