UP Fintech (TIGR) Holding Soars 17.14% as Investors Highly Optimistic About Earnings

We recently published 10 Stocks Defy Chaos With Jaw-Dropping Gains. UP Fintech Holding Ltd. (NASDAQ:TIGR) is one of the top performers of last week.

UP Fintech jumped by 17.14 percent week-on-week as investors turned highly optimistic about its earnings performance in the second quarter of the year, which is set to be released this week.

According to UP Fintech Holding Ltd. (NASDAQ:TIGR), it is scheduled to announce its financial and operating highlights before market open on Wednesday, August 27. An investor call will be held at 8 AM Eastern Time (8 PM Hong Kong/Singapore time) to elaborate on the results.

Investors have highly anticipated the company to sustain its growth on a sequential basis, having posted a stellar earnings performance in the first three months of the year.

In the first quarter, UP Fintech Holding Ltd. (NASDAQ:TIGR) said net income attributable to shareholders jumped by 147 percent to $30.4 million from only $12.3 million in the same period last year.

Total revenues grew by 55 percent to $122.6 million from $78.9 million year-on-year.

UP Fintech Holding Ltd. (NASDAQ:TIGR) owns online brokerage firm Tiger Brokers, which operates across the US, Hong Kong, and Singapore.

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