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ProShares Ultra Bloomberg Natural Gas (BOIL) ETF Surges As Natural Gas Spikes On Winter Storm Fern

ProShares Ultra Bloomberg Natural Gas (BOIL) ETF Surges As Natural Gas Spikes On Winter Storm Fern

ProShares Ultra Bloomberg Natural Gas (NYSE:BOIL) is surging Monday afternoon as U.S. natural-gas futures rally on Winter Storm Fern. Here’s what investors need to know.ProShares Ultra Bloomberg Natural Gas stock is showing exceptional strength. Why is BOIL stock up today?Natural Gas Prices Skyrocket On Extreme ColdFront-month Henry Hub contracts have vaulted above $6 per MMBtu, up more than 30% Monday and 125% in four sessions, the largest weekly gain ever for a Nymex natural-gas contract.Record cold, heavy snow and catastrophic ice are boosting heating demand just as freeze-offs threaten up to 15 ...Full story available on Benzinga.com