Sector Update: Financial Stocks Decline Pre-Bell Tuesday

MT Newswires Live11-19 22:19

Financial stocks were declining pre-bell Tuesday as the Financial Select Sector SPDR Fund (XLF) fell by 1.1% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 3.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 3.1% higher.

FinVolution Group (FINV) shares were up over 4% after the company reported higher Q3 non-GAAP profit and net revenue.

MARA Holdings (MARA) shares were 0.9% higher after the company priced an offering of $850 million of 0% convertible senior notes due 2030.

Futu Holdings (FUTU) shares were down more than 1% even after the company reported higher Q3 net income and revenue.

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