Tiger Brokers (TIGR) Stock Declines Amid Market Volatility

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Nov 21, 2024
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Tiger Brokers (TIGR, Financial) experienced a significant stock price drop of 5.04%, trading at $5.56 per share. The trading volume reached 2.13713 million shares, with a turnover rate of 1.18% and a price fluctuation of 2.82%. Recent financial reports indicate the company achieved a revenue of $101 million, a net profit of $17.75 million, and an earnings per share of $0.11. The price-to-earnings ratio stands at 41.15.

Among the four institutions that rated the stock, 75% recommended buying, while 25% suggested selling, with no hold recommendations. The capital market industry, where Tiger Brokers operates, saw an overall increase of 1.20%. Notable stocks in this sector include Cleanspark Inc and Mara Holdings, Inc., which showed substantial activity and volatility.

Tiger Brokers is an online brokerage firm focusing on Chinese investors, offering a platform for trading stocks and derivatives across multiple exchanges. The company provides brokerage and value-added services, including order execution, margin financing, account management, investor education, community discussions, and customer support.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.