TIGR - UP Fintech leads this week's biggest financial gainers while Intercorp slides
The top five outperformers in the financial sector (of stocks with market cap over $2B) for the week ending May 28, 2021:UP Fintech Holding (TIGR) (+25.21%);Upstart Holdings (UPST) (+19.95%);Marathon Digital Holdings (MARA) (+18.04%) gained during a week where bitcoin gyrated;LoanDepot (LDI) (+16.52%);Trupanion (TRUP) (12.01%) CEO is confident about the future.The Financial Select sector SPDR ETF (XLF) yields +4.84% for the month of May, outperforming the broader SPDR S&P 500 ETF (SPY) returns of just 0.81%.Three of this week's top five outperformers saw their stocks decline for the month.In addition to the financial sectors' outperformance relative to the stock market, some of these tickers have individual attributes to their outperformance:UWM holdings (UWMC) is among the top 10 performers for this past week as analysts believe they will gain a larger market share. The price performance is a result of a combination of speculation for future growth opportunities and a strong Q2 outlook, on top
For further details see:
UP Fintech leads this week's biggest financial gainers, while Intercorp slides