No headlines found.
No press releases found.
No news found.
ProShares Ultra QQQ seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the NASDAQ-100 Index .
ProShares Ultra QQQ trades on the ARCA stock market under the symbol QLD.
As of April 19, 2024, QLD stock price declined to $75.56 with 3,831,588 million shares trading.
QLD has a beta of 2.39, meaning it tends to be more sensitive to market movements. QLD has a correlation of 0.82 to the broad based SPY ETF.
QLD has a market cap of $4.83 billion. This is considered a Mid Cap stock.
In the last 3 years, QLD stock traded as high as $94.54 and as low as $32.98.
QLD has outperformed the market in the last year with a return of +55.6%, while the SPY ETF gained +21.1%. However, in the most recent history, QLD shares have underperformed the stock market with its stock returning -1.8% in the last 3 month period and -10.0% for the last 2 week period, while SPY has returned +4.2% and -3.5%, respectively.
QLD support price is $77.38 and resistance is $80.88 (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 QLD stock will trade within this expected range on the day.