UVXY stock news · ProShares Ultra VIX Short Term Futures ETF
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The VIX dropped more than 21%, causing big losses for volatility ETFs like UVXY and VIXY.
Bad for UVXYThe VIX fell 21.23% to 20.19 points, and UVXY fell about 18% Monday. That hurts UVXY, which targets 1.5 times the daily change in short-term VIX futures.