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Stock impact report

Abacus Life, Inc. (ABL) Soars 6.9%: Is Further Upside Left in the Stock? [Yahoo! Finance]

Abacus Global Management, Inc. - Class A (ABL) 
Company Research Source: Yahoo! Finance
This compares to the stock's 12.5% loss over the past four weeks. The surge in price reflects investors' optimism on the announcement of a 90-day pause on tariffs imposed by President Trump on most countries, though a 10% tariff stays in place. ABL stays focused on consolidating its position as a leading market maker and global alternative asset manager. The strength of partnerships with carriers and reinsurers remains a key contributor to its performance. Marketing initiatives, international expansion, prudent capital deployment, increased assets under management and expanding institutional relationships bode well for growth. Focusing on innovative technology represents a core and growing part of its business strategy. This company is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents a year-over-year change of +36.4%. Revenues are expected to be $35.85 million, up 66.8% from the year-ago quarter. While earnings and revenue growt Show less Read more
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