26-Jun-2026
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Netflix's 45% plunge: One-year slide sends shares to the largest 200-day MA gap in 4 years
Seeking Alpha News (Fri, 26-Jun 10:18 AM ET)
The T-REX 2X Long NFLX Daily Target ETF (the "Fund") seeks daily leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify (200%) the daily performance of the publicly-traded common stock of Netflix Inc. (NASDAQ: NFLX). The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of NFLX. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.
T-Rex 2X Long Nflx Daily Target ETF trades on the BATS stock market under the symbol NFLU.
As of June 26, 2026, NFLU stock price climbed to $17.64 with 258,300 million shares trading.
NFLU has a beta of 0.81, meaning it tends to be less sensitive to market movements. NFLU has a correlation of 0.02 to the broad based SPY ETF.
NFLU has a market cap of $38.81 million. This is considered a Sub-Micro Cap stock.
NFLU has underperformed the market in the last year with a price return of -75.0% while the SPY ETF gained +20.4%. NFLU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -41.7% and -16.8%, respectively, while the SPY returned +13.3% and -1.5%, respectively.
NFLU support price is $15.73 and resistance is $16.99 (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 NFLU shares will trade within this expected range on the day.