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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ If interest rates are lowered, I feel like the stock price would normally go up, so why is the stock price going down when there's talk of an interest rate cut this month? Is there an expectation that it will not fall below the expected value?
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