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AMDD·Direxion Daily AMD Bear 1X Shares
$24.35
+0.37 (+1.54%)
After Hours
High
$25.68
Open
$25.24
Net Assets
$25M
52W High
—
Low
$24.10
P. Close
$24.35
Expense Ratio
1.03%
52W Low
—
Div. Yield
13.15%
Next Ex-Div
~Dec 22
Category
Trading--Inverse Equity
Inception
Feb 11, 2025
Technical Score (1D)
1
BEARISH
News Sentiment
61
BULLISH
What's happening to AMDD today?
AMDD (Direxion Daily AMD Bear 1X Shares) is a fund giving 1x inverse daily exposure to Advanced Micro Devices, Inc.; it moves opposite to that security. On Oct 13, AMD was reported as one of the top five buy‑side movers in the Dow Jones futures market, underscoring investor confidence in the company’s recent performance. That same day, AMD entered a credit support agreement with Fermi to back Phase 1 of Project Matador, a 222‑MW AI campus power lease, a move that was seen as a sign of financing momentum for AI data‑center infrastructure. On Oct 13, AMD’s shares slipped 1.2 % after the company announced a planned Swedish AI supercomputer that would use its MI355X chips, a project whose revenue potential remained unclear due to the lack of disclosed contract details. The market reaction to the Swedish announcement reflected a cautious view that the opportunity, while promising, had yet to translate into concrete orders. A separate article on Oct 13 discussed a put ratio backspread options strategy applied to AMD stock, noting concerns over an AI bubble and describing the strategy as complex and unsuitable for novice traders. These reports collectively highlighted both the positive sentiment surrounding AMD’s recent financing activity and the more muted reaction to its new AI supercomputer initiative.
