UP Fintech Holding Limited (TIGR) Announces Proposed 15M ADS Offering

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Citi Double Downgrades UP Fintech Holding Ltd. (TIGR) to Sell

October 22, 2024 4:15 PM EDT

Citi analyst Judy Zhang downgraded UP Fintech Holding Ltd. (NASDAQ: TIGR) from Buy to Sell with a price target of $5.50 (from $5.00).

The analyst comments "TIGR announced on 22-Oct-2024 a proposed follow-on public offering of 15mn ADSs. There is also a 20-day... More