MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Shares Gap Down – Here’s What Happened

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $29.17, but opened at $28.41. MAX Airlines 3x Leveraged ETN shares last traded at $28.11, with a volume of 166 shares trading hands.

MAX Airlines 3x Leveraged ETN Stock Down 3.2 %

The business’s fifty day moving average price is $29.69 and its 200 day moving average price is $24.61.

MAX Airlines 3x Leveraged ETN Company Profile

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The MAX Airlines 3X Leveraged ETNs (JETU) is an exchange-traded fund that is based on the Prime Airlines index. The fund tracks 3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, air freight and logistics, and aircraft and parts manufacturing.

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