UP Fintech Holding Limited (TIGR) Prices 6.5M ADS Follow-On Offering at $24.50/ADS

Go back to UP Fintech Holding Limited (TIGR) Prices 6.5M ADS Follow-On Offering at $24.50/ADS

Pre-Open Stock Movers 06/08: (CLOV) (NEXT) (WEN) Higher; (TIGR) (COUP) (PLBY) Lower (more...)

June 8, 2021 9:23 AM EDT

Pre-Open Stock Movers:

Clover Health Investments, Corp. (NASDAQ: CLOV) 36% HIGHER; gains as WSB/Reddit play

NextDecade Corp. (NASDAQ: NEXT) 25% HIGHER; Evercore ISI upgraded from In Line to Outperform.

The Wendy's Company (NYSE: WEN) 21.9% HIGHER; gains as WSB/Reddit play

Stitch Fix (NASDAQ: SFIX) 15.5% HIGHER; reported Q3 EPS of ($0.18), $0.09 better than the analyst estimate of ($0.27). Revenue for the... More

After-Hours Stock Movers 06/07: (SFIX) (REVG) (MRVL) Higher; (TIGR) (COUP) (PLBY) Lower (more...)

June 7, 2021 5:39 PM EDT

After-Hours Stock Movers:

Stitch Fix (NASDAQ: SFIX) 15.5% HIGHER; reported Q3 EPS of ($0.18), $0.09 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $535.6 million versus the consensus estimate of $510.63 million. Stitch Fix sees Q4 2021 revenue of $540-550 million, versus the consensus of $534.61 million. Stitch Fix sees FY2021 revenue of $2.07-2.08 billion, versus the consensus of $2.04 billion.

UP Fintech Holding Limited (Nasdaq: TIGR) 9.2% LOWER; announced that it intends to offer and sell 6,500,000 American Depositary Shares... More

UP Fintech Holding Limited (TIGR) Falls 9% on Stock Offering

June 7, 2021 4:44 PM EDT

UP Fintech Holding Limited (Nasdaq: TIGR) sinks 9% after-hours on plans to offer and sell 6,500,000 ADSs.

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UP Fintech Holding Limited (TIGR) Announces Proposed Offering of 6.5M ADS

June 7, 2021 4:13 PM EDT

UP Fintech Holding Limited (Nasdaq: TIGR) announced that it intends to offer and sell 6,500,000 American Depositary Shares (ADSs), each representing 15 Class A ordinary shares of the Company, subject to market and other conditions, in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an aggregate of 975,000 additional ADSs from the Company.

The Company expects to use the net proceeds from the proposed ADS offering to (i) expand its customer base and drive customer engagement with its... More