No headlines found.
No press releases found.
No news found.
The return on the MAX Auto Industry 3X Leveraged ETNs is linked to a 3X times leveraged participation in the daily performance of the Prime Auto Industry Index, minus the applicable fees. The ETNs are not "buy and hold" investments and should not be expected to provide a 3X times leveraged return of the underlying index's cumulative return for periods greater than a day.
Max Auto Industry 3X Leveraged Etns trades on the ARCA stock market under the symbol CARU.
As of April 23, 2026, CARU stock price declined to $24.93 with 573 million shares trading.
CARU has a market cap of $3.99 million. This is considered a Sub-Micro Cap stock.
CARU has outperformed the market in the last year with a price return of +44.0% while the SPY ETF gained +35.8%. However, in the short term, CARU had mixed performance relative to the market. It has underperformed in the last 3 months, returning -28.4% vs +3.1% return in SPY. But in the last 2 weeks, CARU shares have fared better than the market returning +12.9% compared to SPY +4.8%.
CARU support price is $25.16 and resistance is $27.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CARU shares will trade within this expected range on the day.
