Q3 Results Push Financial Stock Higher

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, November 23, 2022

A Beijing-based financial company is seeing shares of its stock soar on Wednesday after the company reported their financial results from the third quarter of this year. While some of the results were mixed, it appears that traders were bullish overall, as shares of UP Fintech Holding Limited (Nasdaq:TIGR) are up big on the day.

UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support.

Shares of UP Fintech are currently trading at $4.96/share (+9.98%) at the time of writing. This move is a strong continuation of the success this stock has had over the last few weeks.

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