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Direxion Daily Semiconductor Bull 3X ETF Explodes

TheMotleyFool

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It's Thursday, 2 p.m., and do you know where the Nasdaq is?

It's up a respectable 1.2% -- but the Direxion Daily Semiconductor Bull 3X Shares ETF (NYSEMKT: SOXL) is up much, much more, surging past 14.1% on some billion-dollar-plus news items in semiconductors today.

Image source: Getty Images.

Source Fool.com