Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Shares Down 9.7% – Here’s What Happened

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX – Get Free Report) was down 9.7% on Thursday. The company traded as low as $15.92 and last traded at $16.26. 2,856,972 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 2,844,641 shares. The stock had previously closed at $18.01.

Defiance Daily Target 2X Long RKLB ETF Trading Down 0.8%

The company has a 50-day moving average of $18.35 and a 200-day moving average of $35.84.

Defiance Daily Target 2X Long RKLB ETF Company Profile

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The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.

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