Why Is UP Fintech Stock Shooting Upwards Tuesday?
Portfolio Pulse from Anusuya Lahiri
UP Fintech Holding Ltd (TIGR) reported Q1 FY23 revenue growth of 26% YoY to $66.33 million, beating the consensus of $45.06 million. The company added 30,392 funded accounts in the quarter and soft-launched TigerGPT, a financial AI based on ChatGPT.
May 30, 2023 | 10:25 am
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UP Fintech's Q1 FY23 revenue growth of 26% YoY to $66.33 million beat consensus estimates, and the company soft-launched its financial AI TigerGPT.
UP Fintech's Q1 FY23 revenue growth exceeded expectations, which is a positive sign for investors. The company's addition of 30,392 funded accounts and the soft-launch of its financial AI TigerGPT indicate potential for future growth and innovation, which could positively impact the stock price in the short term.
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