Direxion prop up leveraged ETF (FAS,FAZ) by reverse split.

Direxion Funds leading provider of leveraged Exchange Trade Funds (ETF's) that intend to provide performance of 300% of underlying index that they track both on the long & short side, today "reverse split" two of its popular, 3 X financial ETF - FAS & FAZ. FAS provides 3 X performance of

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