Micron Technology, Inc. vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Micron Technology, Inc. trades at $987.02 (market cap $977.44B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.65. The key difference: Micron Technology, Inc. pays a 0.06% dividend while Direxion Daily S&P 500 Bull 3X Shares pays none. Which is the better fit depends on your goals.
| MU | SPXL | |
|---|---|---|
Market Cap | $977.44B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $1.21K | $288.04 |
52-Week Low | $104.88 | $170.20 |
Enterprise Value | $957.80B | — |
Dividend Yield | 0.06% | — |
Trailing returns across standard periods
Latest headlines on both assets
Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.
Read more on MU →SPXL aims for 300% of the S&P 500's daily performance. It uses swaps and futures to provide 3x leverage, making it a high-risk tool for short-term traders. Due to daily resets, it is prone to volatility decay and is not intended for long-term holding.
Read more on SPXL →