Big Shorts In Palantir, Rocket Lab, MSTR Crush S&P 500 In June's Hottest Trades

Wall Street's best trade this month wasn't owning a hot stock. It was betting against one — and not just any stocks, but three of the most-watched high-flyers on the market: Palantir Technologies Inc. (NASDAQ:PLTR ), Strategy Inc. (NASDAQ:MSTR ) and Rocket Lab Corp. (NASDAQ:RKLB ).

Benzinga • Jun 29, 2026

Best-Performing ETFs Of June Had Nothing To Do With AI

While artificial intelligence and semiconductor stocks have dominated market headlines this year, two of the best-performing U.S.-listed ETFs over the past month made their gains by betting against one of Wall Street's biggest momentum names: Strategy Inc. (NASDAQ:MSTR).

Benzinga • Jun 26, 2026

Tidal Financial Group Announces Reverse Stock Split for Defiance Daily Target 2X Short MSTR ETF (Ticker: SMST)

CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group today announced that the Board of Trustees of Tidal Trust II (the Trust) has approved a reverse stock split for the Defiance Daily Target 2X Short MSTR ETF (SMST), which trades on The Nasdaq Stock Market, LLC. The reverse stock split is expected to take effect after the close of trading on the Nasdaq on November 15, 2024.

GlobeNewsWire • Nov 8, 2024

Defiance ETFs Announces Increase in Leverage for MSTX and SMST ETFs to 2x

MIAMI, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a pioneer in leveraged single-stock ETFs, is excited to announce an increase in leverage for two of its flagship products, MSTX and SMST, from 1.75x and 1.5x respectively to 2x daily target exposure. This change marks a strategic enhancement, positioning Defiance to stay at the forefront of the market amid increased investor interest.

GlobeNewsWire • Oct 29, 2024

Defiance ETFs Launches SMST: The First Short MicroStrategy ETF in the U.S.

MIAMI, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading innovator in exchange-traded funds, is excited to announce the launch of SMST: Defiance Daily Target 1.5X Short MSTR ETF. We believe this is a groundbreaking ETF—the first of its kind in the U.S. market—providing investors with 150% inverse daily exposure to MicroStrategy (NASDAQ: MSTR), a company renowned for its substantial investment in Bitcoin.

GlobeNewsWire • Aug 21, 2024