UPST - Unum leads week's gainers while ICE falls after $13B deal: Financials roundup

Three of the week's five biggest gainers in the financial sector climbed in the double digits after stronger-than-expected earnings and one of the biggest declining stocks turned in strong Q1 results but fell after it agreed to a $13B acquisition. Topping the list of financial stocks, with market cap exceeding $2B, that rose the most for the week ended May 6 is Unum Group (NYSE:UNM), with a 19% jump. The insurer raised its 2022 guidance after Q1 earnings benefited from a reduced impact from COVID-19. Rounding out the top five are:  Hilltop Holdings (HTH) stock gains 19% in the week the consumer banking and financial services firm announced a $400M stock repurchase; Credit Acceptance (CACC), up 17%, posted Q1 earnings that beat consensus as the auto lender's provision for credit losses was lower than expected; Upstart (UPST) ran up 17% for the week after it signed on a new credit unit partner for its AI-driven

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Unum leads week's gainers, while ICE falls after $13B deal: Financials roundup