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AMDG

11.46000 USD
0.438
3.97%
Last update May 16, 3:55 PM EDT
Pre-market
Day range
11.25
11.63000
Previous close
11.022000
Open
11.60000
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Leverage Shares 2x Long AMD ETF
11.46
0.44
3.97%

Overview

Description

The Leverage Shares 2x Long AMD ETF is a financial instrument designed to amplify exposure to the stock performance of Advanced Micro Devices, Inc., commonly known as AMD. This ETF is structured to provide double the daily return of AMD's stock price movements, leveraging financial derivatives and debt to achieve its objective. Primarily used by sophisticated investors and traders, this ETF offers the potential to benefit from upswings in AMD’s stock price within a single trading session. The structure of this ETF is suitable for those looking to capitalize on short-term momentum in the semiconductor and microprocessor sectors, where AMD is a significant player known for its high-performance computing products. Given its leveraged nature, the ETF plays a critical role in allowing market participants to execute strategic bets on AMD's valuation changes without the need to directly purchase stocks or engage in margin trading. While carrying an inherent risk due to its magnified effect, this asset serves as a tool for active portfolio management strategies, catering to those aiming to optimize returns through tactical allocation during fluctuating market conditions.

About

CEO
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Address
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Website
Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
XNMS
Pre-market

Exchange is currently open for pre-market.
Main market opens in 2 days 3 hours 39 minutes

05:50
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).