ProShares Ultra Nasdaq Cybersecurity [UCYB] Stock Forecast

The cybersecurity space has outperformed the broader tech space past month despite rising rate worries.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Amazon's cloud unit plans to recruit employees next year.

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Geopolitics kept investors on their toes in February after Russia-Ukraine tensions escalated. Though all the major U.S. indices posted sharp losses during the month, a few sectors have been the biggest beneficiaries of the crisis.

On Tuesday, the Biden administration implemented new cybersecurity requirements for U.S. pipeline operators, according to the Wall Street Journal.  The measures are to help protect against increasing incidents of ransomware and disruptive hacking, such as with the Colonial Pipeline attack that shut the major fuel supplier down for a week in May.

Last week was moderate for Wall Street. Rising virus cases probably weighed on the market sentiments slightly.

Wall Street was moderate last week as rising rate concerns weighed on the stocks occasionally.

Thanks to an increased reliance on technology last year, given the shift to working at home, among other reasons, thematics really took off. This charge forward should be carrying into 2021.

ProShares Ultra Nasdaq Cybersecurity is a US stock and trading under the symbol UCYB

ProShares Ultra Nasdaq Cybersecurity stock price is $27.97 today.

Yes, ProShares Ultra Nasdaq Cybersecurity is a publicly traded company.