Direxion Announces Six Reverse Splits, Including Gold Miners ETFs

Direxion, the second-largest issuer of inverse and leveraged exchange traded funds, said it will reverse split six of its ETFs, including three well-known gold miners funds. The Direxion Daily Gold Miners Bull 3X Shares (NYSEArca: NUGT) will undergo a 1-for-10 reverse split while the Direxion Daily...