Direxion Daily Real Estate Bear 3X Shares (DRV) has announced a 1-for-5 reverse stock split.
As a result of the reverse stock split, each DRV Share will be converted into the right to receive
.20 (New) Direxion Daily Real Estate Bear 3X Shares. The reverse stock split will become effective
prior to the opening of business on July 8, 2010.
This corporate action will be coordinated with the Options Clearing Corporation.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.