Shares of companies within the broader financial sector are trading lower amid overall market weakness following worse-than-expected February PPI data.
Portfolio Pulse from Benzinga Newsdesk
Shares of companies in the financial sector are down due to market weakness after disappointing February PPI data.
March 14, 2024 | 7:53 pm
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NEGATIVE IMPACT
ARCC shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
As a part of the financial sector, ARCC's stock price is negatively impacted by the broader market's reaction to the disappointing PPI data, indicating potential concerns over inflation and economic health.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
FNF shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
FNF, being in the financial sector, is affected by the market's negative response to the February PPI data, suggesting concerns about economic conditions.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
FRGE shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
As part of the financial sector, FRGE's stock is impacted by the broader market's downturn in response to the negative PPI data, reflecting concerns over economic prospects.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
HIPO shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
HIPO, as a financial sector company, sees its stock price decline due to the market's adverse reaction to the February PPI data, indicating economic concerns.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
LGHL shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
As a member of the financial sector, LGHL's stock is negatively affected by the market's reaction to the poor PPI data, reflecting worries about the economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
ML shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
ML, being in the financial sector, is impacted by the broader market downturn following the disappointing PPI data, indicating economic concerns.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
MRAI shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
As a financial sector entity, MRAI's stock price is negatively influenced by the market's negative response to the February PPI data, suggesting economic worries.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
PUYI shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
PUYI, part of the financial sector, sees its stock price decline due to the broader market's downturn in response to the negative PPI data, reflecting economic concerns.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
RILY shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
RILY, as a financial sector company, is negatively affected by the market's reaction to the poor PPI data, indicating concerns over the economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
SWIN shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
As part of the financial sector, SWIN's stock price is impacted by the broader market's negative response to the February PPI data, reflecting economic concerns.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
TIGR shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
TIGR, being in the financial sector, sees its stock price decline due to the market's adverse reaction to the February PPI data, indicating economic worries.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
TREE shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
As a member of the financial sector, TREE's stock is negatively affected by the market's reaction to the poor PPI data, reflecting concerns about the economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
UPST shares are trading lower due to overall market weakness following worse-than-expected February PPI data.
UPST, being in the financial sector, is impacted by the broader market downturn following the disappointing PPI data, indicating economic concerns.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50