What is SOXS stock and how does it work?

SOXS stock is Direxion Daily Semiconductor Bear 3X Shares, an AMEX-listed leveraged ETF that seeks -3x daily exposure to the NYSE Semiconductor Index. It uses swaps and futures and is designed for short-term trading, not buy-and-hold investors.

Why did SOXS stock jump intraday today?

SOXS stock rose intraday due to heavy volume and likely short-covering after extended declines. Active flows, sector swings in semiconductors, and news on short interest and holdings contributed to the move.

What does Meyka AI forecast for SOXS stock?

Meyka AI's forecast model projects a quarterly target of $3.71 for SOXS stock, implying an **88.38%** upside from $1.97. Forecasts are model-based projections and not guarantees.

Is SOXS stock suitable for long-term investors?

SOXS stock is not suited for most long-term investors due to 3x inverse leverage and compounding effects. It is appropriate for tactical trades, hedges, and experienced short-term traders with strict risk controls.

US Stocks

SOXS +6.49% intraday: Direxion Semis Bear 3X (SOXS AMEX) 04 Feb 2026, heavy vol

ByHuzaifa Zahoor February 4, 2026February 4, 2026

SOXS stock traded at $1.97 on the AMEX intraday session on 04 Feb 2026, rising 6.49% as volume surged to 782,096,390 shares. The Direxion Daily Semiconductor Bear 3X Shares ETF (SOXS) is a leveraged inverse vehicle that moves opposite the NYSE Semiconductor Index. Today’s jump follows outsized volume and mean-reversion signals after recent multi-month declines. Investors should treat SOXS stock as a high-volatility, short-term trading instrument rather than a long-term holding.