TQQQ News Today, Nov 8: Leveraged Returns Drive Investor Interest

TQQQ News Today, Nov 8: Leveraged Returns Drive Investor Interest

Investors are turning their attention to the ProShares UltraPro QQQ (TQQQ) ETF, a fund that offers leveraged exposure to the Nasdaq 100 Index. With a market cap of over $26 billion and a current price around $111.08, TQQQ aims for triple the daily returns of its benchmark index. Recent market volatility and fluctuations in major tech stocks have made leveraged ETFs like TQQQ attractive to active traders seeking amplified gains. Despite a one-year decline of over 21%, its long-term track record includes a remarkable 10-year return of 914%.

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