Movement Alert|Figure Technology Solutions Rises 5.11% in Regular Trading, Consumer Credit Sector Recovery Drives Post-Selloff Rebound Following Kiavi Acquisition

Market Focus
09/03

On September 3, Figure Technology Solutions rose 5.11% in regular trading, trading at $35.15/share, with turnover of approximately $20.77 million.

On the news front, the stock rebounded following a 5.21% decline on September 2 triggered by profit-taking after the company officially completed its $717 million acquisition of Kiavi, an AI-powered real estate lending platform. The transaction, executed through a joint venture between Figure and Sixth Street, is expected to add over $7 billion in annual first-lien volume to the Figure Connect marketplace.

The broader consumer credit sector saw a broad-based recovery, with SoFi Technologies up 4.4%, Dave Inc up 3.24%, and Upstart up 2.8%, providing a favorable backdrop for the technical rebound. Additionally, the company's Q2 results reported EPS of $0.35, beating the consensus estimate of $0.23 by over 52%, while revenue of $225.6 million roughly doubled year-over-year, reinforcing underlying fundamental support.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10