Why UP Fintech Holding Stock Popped Today [The Motley Fool]
UP Fintech Holding Limited - American Depositary Shares representing fifteen Class A Ordinary Shares (TIGR)
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Source: The Motley Fool
Why UP Fintech Holding Stock Popped Today Rich Smith ( TMFDitty May , 09 at :9PM What happened Less than a week after UP Fintech Holding NASDAQ:TIGR in response to Q earnings That would be Greenwich, Connecticut-based Interactive Brokers NYSEMKT:IBKR Image source: Getty Images. So what In a Schedule D filing last night with the Securities and Exchange Commission, a company related to Interactive Brokers -- IB Global Investments LLC (IBGI) -- disclosed that with UP Fintech's recent initial public offering, IBGI converted its 7,65, Series B- preferred shares, purchased last year, into an equivalent number of Class A ordinary shares of UP Fintech. In addition, IBGI purchased ,5,000 more As a result, IBGI now owns nearly 50.8 million shares of UP Fintech. That amounts to 7.6% of Class A ordinary shares, according to the filing. It's clear that IBGI seems to think that UP Fintech is a worthy investment. It appears that, based on that assessment, other investors are buying in today.
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TIGR
News
- UP Fintech Holding Limited (NASDAQ: TIGR) is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a "buy" rating and a $9.40 price target on the stock.MarketBeat
- UP Fintech Holding Ltd (TIGR) Q3 2024 Earnings Call Highlights: Record Revenue and Client ... [Yahoo! Finance]Yahoo! Finance
- UP Fintech: Revenue Hits Record US$101M; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion [Yahoo! Finance]Yahoo! Finance
- UP Fintech: Revenue Hits Record US$101M; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 BillionPR Newswire
- UP Fintech Holding Limited Reports Unaudited Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
TIGR
Sec Filings
- 12/17/24 - Form SCHEDULE
- 11/13/24 - Form 144
- 11/12/24 - Form 6-K
- TIGR's page on the SEC website