Direxion Announces Date Change for Reverse Split of MUD & TSLS [Yahoo! Finance]
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Source: Yahoo! Finance
Direxion.com Image 1 Image 1 · GlobeNewswire Inc. Image 2 Image 2 · GlobeNewswire Inc. Image 3 Image 3 · GlobeNewswire Inc. New York, New York, USA, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Direxion , a leading provider of ETFs for tactical traders, has announced date changes for the reverse split of the issued and outstanding shares of the Direxion Daily MU Bear 1X Shares and Direxion Daily TSLA Bear 1X Shares, (the “Funds”). The total market value of the shares outstanding will not be affected as a result of this split, except with respect to the redemption of fractional shares, as outlined below. Please see the previously communicated press release for further information on four additional reverse splits announced on February 4, 2026. After the close of the markets on March 9, 2026 (the “Effective Date”), each Fund will effect a reverse split of its issued and outstanding shares as follows: Please note the CUSIP changes, effective March 10, 2026: As a result of
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