Financial stocks declined pre-bell Wednesday with the Financial Select Sector SPDR Fund (XLF) 0.7% lower recently.
The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.9% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.3% higher.
TPG (TPG) shares were down more than 2% after the company said a secondary public offering of 21 million of its class A shares was priced at $47.25 per share.
FinVolution Group (FINV) shares rose past 4% after the company reported higher Q1 non-GAAP earnings and revenue.
CFSB Bancorp (CFSB) shares advanced by over 75% after the company said it has agreed to be acquired by Hometown Financial Group in a deal valued at about $44 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.