Direxion announces reverse split of the Direxion Daily MSCI South Korea Bull 3X Shares ETF. Learn about the impact on outstanding shares, NAV, and tax consequences of the reverse split. Investors should be informed of the upcoming changes.
This news matters as it informs investors of the upcoming reverse split of the Direxion Daily MSCI South Korea Bull 3X Shares ETF. The reverse split will affect the total number of outstanding shares and the NAV, but not the market value for shareholders. Investors should be aware of the changes and potential tax implications resulting from the reverse split.
