Sector Update: Financial Stocks Advance Pre-Bell Tuesday

MT Newswires Live03-11

Financial stocks were advancing pre-bell Tuesday, with The Financial Select Sector SPDR Fund (XLF) 0.2% higher.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.8% lower.

Interactive Brokers Group (IBKR) shares were over 1% higher after the company said its platform now provides access to the Ljubljana Stock Exchange.

Paymentus (PAY) stock was up past 7% after the company overnight reported higher Q4 non-GAAP earnings and revenue.

B. Riley Financial (RILY) shares were 0.9% higher after the company said its investment banking subsidiary B. Riley Securities, or BRS, has merged with shell entity Cascadia Investments, resulting in some Cascadia investors becoming minority stockholders in BRS.

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