UWMC - Root leads the week's financial gainers while Upstart falters
solarseven/iStock via Getty Images This week's top financial gainers include two companies known for their mobile apps, such as Root and 360 DigiTech, a mortgage name that's joined the meme crowd. All top 5 financial gainers this week generated double digit returns for the month. This week's biggest losers are in banks and credit servicers like Credicorp, Upstart Holdings, and Intercorp Financial Services, as interest rates fall. The top five outperformers in the financial sector (of stocks with a market cap of $2B+) for the week ending June 11, 2021: Root (ROOT) (+26.2%) rises as it bolsters leadership team with new hires; UWM Holdings (UWMC) (+15.4%) climbs as retail traders appear to glom onto the mortgage name; Banco Santander Mexico SA ADR (BSMX) (+10.9%); 360 DigiTech (QFIN) (+10.3%); and Green Dot (GDOT) (+10.1%). The five stocks falling the most this week are: Upstart Holdings (UPST) (-23.5%) falls >10% in today's trading
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Root leads the week's financial gainers, while Upstart falters