Stock Track | Direxion Daily MU Bull 2X Shares Soars 15.36% Intraday on Bullish DRAM Outlook and Institutional Support

Stock Track

Jul 09

Direxion Daily MU Bull 2X Shares (MUU), a leveraged exchange-traded fund tracking Micron Technology Inc., soared 15.36% during intraday trading on Thursday.

The sharp rise was driven by renewed institutional optimism for the memory sector. Bank of America reaffirmed its Buy rating on the underlying stock, Micron Technology, with a $1,550 price target, characterizing the sector's recent pullback as a healthy correction. The report highlighted that memory chips are currently trading at only 10x earnings, which it deemed severely undervalued.

Concurrently, industry analyst TrendForce projected server DRAM contract prices to increase by 13-18% quarter-over-quarter in the third quarter, citing a persistent supply-demand imbalance and a confirmed supply shortfall expected in 2027. This fundamental supply constraint supports higher pricing and revenue prospects for memory manufacturers like Micron. The ETF's 2x leverage amplified the positive move during the sector rebound.

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The ETF's 2x leverage amplified the positive move during the sector rebound.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Direxion Daily MU Bull 2X Shares Soars 15.36% Intraday on Bullish DRAM Outlook and Institutional Support</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Direxion Daily MU Bull 2X Shares Soars 15.36% Intraday on Bullish DRAM Outlook and Institutional Support\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-09 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Direxion Daily MU Bull 2X Shares (MUU), a leveraged exchange-traded fund tracking Micron Technology Inc., soared 15.36% during intraday trading on Thursday.</p><p>The sharp rise was driven by renewed institutional optimism for the memory sector. Bank of America reaffirmed its Buy rating on the underlying stock, Micron Technology, with a $1,550 price target, characterizing the sector's recent pullback as a healthy correction. The report highlighted that memory chips are currently trading at only 10x earnings, which it deemed severely undervalued.</p><p>Concurrently, industry analyst TrendForce projected server DRAM contract prices to increase by 13-18% quarter-over-quarter in the third quarter, citing a persistent supply-demand imbalance and a confirmed supply shortfall expected in 2027. This fundamental supply constraint supports higher pricing and revenue prospects for memory manufacturers like Micron. The ETF's 2x leverage amplified the positive move during the sector rebound.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MUU","symbol_name":"2倍做多MU ETF-Direxion","start_time":0,"source_url":"","article_id":"1188565542","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188565542","pubTimestamp":1783604481,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Direxion Daily MU Bull 2X Shares (MUU), a leveraged exchange-traded fund tracking Micron Technology Inc., soared 15.36% during intraday trading on Thursday.The sharp rise was driven by renewed...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MUU":"2倍做多MU ETF-Direxion"},"translate_title":"股票追踪 | Direxion Daily MU Bull 2X 股价盘中飙升 15.36%，因 DRAM 前景乐观和机构支持","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/cfe1ee8abd341a875936f8aae37f5f1d","symbols_score_info":{"MUU":1},"content_text":"Direxion Daily MU Bull 2X Shares (MUU), a leveraged exchange-traded fund tracking Micron Technology Inc., soared 15.36% during intraday trading on Thursday.The sharp rise was driven by renewed institutional optimism for the memory sector. 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