On July 9, 2x Long MU ETF-Direxion rose 5.54% overnight, trading at 740.5 USD/share, with turnover of 12.4619 million USD.

On the news front, the underlying stock Micron Technology showed signs of recovery in the prior trading session, with storage sector stocks broadly rebounding — Western Digital up over 4%, SanDisk up over 3%, and Micron up over 1% — indicating easing selling pressure across the sector. Against the backdrop of Micron having pulled back more than 20% from its post-earnings high, multiple institutions have issued bullish calls, combining with oversold repair demand to drive a technical rebound. The ETF's 2x leverage effect amplified the magnitude of the recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)