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Darrs21
2022-01-16

Trump SPAC Tops Financial Gainers This Week, Neobank Nu Holdings Falls the Most

Digital World Acquisition(NASDAQ:DWAC), the SPAC that's taking Donald Trump's social media platform

Trump SPAC Tops Financial Gainers This Week, Neobank Nu Holdings Falls the Most

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and</li><li>Woori Financial(NYSE:WF)advances 12%for the week.</li><li>Among financial stocks on the decline this week, Nu Holdings(NYSE:NU), the neobank operating as NuBank, falls 13%, continuing the narrative of volatile fintech stocks.</li><li>Goosehead Insurance(NASDAQ:GSHD)drops 11%, marking its second straight week among the largest financial stock decliners;</li><li>Grab Holdings(NASDAQ:GRAB), the Singapore-based super app and fintech platform, slid 11%for the week; the company started trading publicly in early December after merging with SPACAltimeter Growth.</li><li>Live OakBancshares(NASDAQ:LOB)drops 10%; and</li><li>Hagerty(NYSE:HGTY), the insurer of classic and enthusiast vehicles,falls 10%.</li><li>JPMorgan Chase(NYSE:JPM), 15th place on the decliners list, dropped 5.5%for the week, but 6.2% on Friday after its higher-than-expected expense guidance rattled investors.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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andWoori Financial(NYSE:WF)advances 12%for the week.Among financial stocks on the decline this week, Nu Holdings(NYSE:NU), the neobank operating as NuBank, falls 13%, continuing the narrative of volatile fintech stocks.Goosehead Insurance(NASDAQ:GSHD)drops 11%, marking its second straight week among the largest financial stock decliners;Grab Holdings(NASDAQ:GRAB), the Singapore-based super app and fintech platform, slid 11%for the week; the company started trading publicly in early December after merging with SPACAltimeter Growth.Live OakBancshares(NASDAQ:LOB)drops 10%; andHagerty(NYSE:HGTY), the insurer of classic and enthusiast vehicles,falls 10%.JPMorgan Chase(NYSE:JPM), 15th place on the decliners list, dropped 5.5%for the week, but 6.2% on Friday after its higher-than-expected expense guidance rattled investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1035,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}