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Stock impact report

UP Fintech: A Good Quarter And A Positive Outlook (Rating Upgrade) [Seeking Alpha]

UP Fintech Holding Limited - American Depositary Shares representing fifteen Class A Ordinary Shares (TIGR) 
US:NASDAQ Investor Relations: tigerlogic.com/company/press/sap.jsp
Company Research Source: Seeking Alpha
TIGR is well-positioned to achieve its FY 2024 new funded accounts target of 150,000, which will translate into a +17% increase in total funded accounts in the current year. My rating for UP Fintech is revised to a Buy, considering its good Q1 results and favorable full-year prospects. Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » Elevator Pitch UP Fintech Holding Limited NASDAQ: TIGR ) is assigned a Buy rating. My prior November 27, 2023, update analyzed UP Fintech's Q3 2023 financial results. This latest article touches on TIGR's most recent financial disclosures for the first quarter of this year and its prospects for the full year. UP Fintech's Q1 2024 top line and bottom line came in above the sell-side analysts' expectations. Looking ahead, TIGR's FY 2024 outlook is favorable, as the company achieved a significant number (63,800) of new funded account additions in the first five months of this year. Th Show less Read more
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