Trump SPAC tops financial gainers this week, neobank Nu Holdings falls the most
$Digital World Acquisition Corp(DWAC.US$ , $SPACs(BK2541.US$ that's taking Donald Trump's social media platform public, tops the financial stocks that rose the most this week.
$Digital World Acquisition Corp(DWAC.US$ surges 31% during the week, with the launch of Trump's Truth Social more than a month away.
$Itau CorpBanca(ITCB.US$ , a bank operating in Chile an Columbia, rises 16% for the week;
Peru-based $Intercorp Financial Services(IFS.US$ gains 14%;
$Encore Capital Group(ECPG.US$ rose 13%; and
$Woori Financial(WF.US$ advances 12% for the week.
Among financial stocks on the decline this week, $Nu Holdings(NU.US$ , the neobank operating as NuBank, falls 13%, continuing the narrative of volatile fintech stocks.
$Goosehead Insurance(GSHD.US$ drops 11%, marking its second straight week among the largest financial stock decliners;
$Grab Holdings(GRAB.US$ , the Singapore-based superapp and fintech platform, slid 11% for the week; the company started trading publicly in early December after merging with SPAC Altimeter Growth.
$Digital World Acquisition Corp(DWAC.US$ surges 31% during the week, with the launch of Trump's Truth Social more than a month away.
$Itau CorpBanca(ITCB.US$ , a bank operating in Chile an Columbia, rises 16% for the week;
Peru-based $Intercorp Financial Services(IFS.US$ gains 14%;
$Encore Capital Group(ECPG.US$ rose 13%; and
$Woori Financial(WF.US$ advances 12% for the week.
Among financial stocks on the decline this week, $Nu Holdings(NU.US$ , the neobank operating as NuBank, falls 13%, continuing the narrative of volatile fintech stocks.
$Goosehead Insurance(GSHD.US$ drops 11%, marking its second straight week among the largest financial stock decliners;
$Grab Holdings(GRAB.US$ , the Singapore-based superapp and fintech platform, slid 11% for the week; the company started trading publicly in early December after merging with SPAC Altimeter Growth.
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