WD - PayPal tumbled the most among last week's financial losers; Deutsche Bank dipped
Following another choppy week of trading, PayPal (NASDAQ:PYPL) -23% fell the most among the top five losers in the financial sector (with a market cap of $2B+) following soft first-quarter earnings guidance. Last week's second largest decliner was mortgage finance firm UWM Holdings (NYSE:UWMC) -13.3%; Property and casualty insurer Kemper (NYSE:KMPR) -10.7% dipped after worse-than-expected Q4 results. As a result, Raymond James downgraded the stock to Market Perform; PJT Partners (NYSE:PJT) -6.4% fell after its fourth-quarter EPS fell short on the consensus and; Another mortgage finance firm, Mr. Cooper (NASDAQ:COOP), -4.6% slipped. The top five gainers financial winners included: Deutsche Bank (NYSE:DB) +16.8% surged as interest rates rise across the globe; Cryptocurrency bank Silvergate Capital (NYSE:SI) +16.3% gained after it acquired intellectual property assets from the Diem Group; Walker & Dunlop (NYSE:WD) +11.2% rose after better-than-expected Q4 earnings, in addition to raising its dividend by 20%; Interactive Brokers (NASDAQ:IBKR) +10.8% climbed following 18% M/M growth in January daily average revenue trades and; Consumer finance platform SLM (NASDAQ:SLM) +10.8%. Check
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PayPal tumbled the most among last week's financial losers; Deutsche Bank dipped