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NASDAQ:TIG 22 May 2026

UP Fintech Shares Drop in Premarket After Crackdown on Tiger Brokers in China

UP Fintech Shares Drop in Premarket After Crackdown on Tiger Brokers in China

UP Fintech’s Nasdaq-listed shares fell 34.47% to $3.83 in premarket trading after China’s securities regulator said its Tiger Brokers unit, Futu, and Longbridge operated unlicensed cross-border securities businesses for mainland investors. The regulator plans to confiscate illegal gains and impose penalties. UP Fintech is set to report first-quarter results on June 2.

Stock Market Today

  • Booz Allen Hamilton Q4 Earnings Beat Estimates Despite Revenue Miss
    May 22, 2026, 9:38 AM EDT. Booz Allen Hamilton (BAH) reported adjusted Q4 earnings of $1.78 per share, surpassing the Zacks consensus estimate of $1.32 by 35%. Revenue for the quarter was $2.78 billion, missing estimates by 3.43% and declining from $2.97 billion a year ago. The defense contractor has beaten earnings estimates in three of the last four quarters but has consistently missed revenue targets. Shares have fallen 9.5% year-to-date, underperforming the S&P 500's 8.8% gain. The company's future stock performance depends on management's outlook and earnings estimate revisions, currently reflected in a cautious Zacks Rank #4 (Sell). Consulting Services, Booz Allen's industry sector, ranks in the bottom 25% of Zacks' industry rankings, adding to investor concerns.

Latest articles

ACHR Stock Just Jumped—Why Archer Aviation’s Air-Taxi Bet Is Back In Focus

ACHR Stock Just Jumped—Why Archer Aviation’s Air-Taxi Bet Is Back In Focus

22 May 2026
Archer Aviation stock traded at $6.14 in premarket Friday after jumping 5.8% Thursday on heavy volume, as investors watched FAA certification progress for its Midnight eVTOL aircraft. Archer reported a Q1 net loss of $217.7 million and ended March with $1.78 billion in cash. The company expects initial U.S. operations in 2026 under a federal pilot program. S&P 500 and Nasdaq futures were higher before the open.
UP Fintech Shares Drop in Premarket After Crackdown on Tiger Brokers in China

UP Fintech Shares Drop in Premarket After Crackdown on Tiger Brokers in China

22 May 2026
UP Fintech’s Nasdaq-listed shares fell 34.47% to $3.83 in premarket trading after China’s securities regulator said its Tiger Brokers unit, Futu, and Longbridge operated unlicensed cross-border securities businesses for mainland investors. The regulator plans to confiscate illegal gains and impose penalties. UP Fintech is set to report first-quarter results on June 2.
Akari Therapeutics Shares Jump As KRAS Cancer News Returns

Akari Therapeutics Shares Jump As KRAS Cancer News Returns

22 May 2026
Akari Therapeutics shares more than doubled in premarket trading Friday after its lead cancer drug showed positive preclinical results in KRAS-mutated pancreatic cancer models and the company announced a $5.5 million private placement. The stock was quoted at $10.15, up from Thursday’s $5.14 close. Akari plans to start Phase 1 human trials of AKTX-101 by mid-2027. The company reported $2.8 million in cash at March 31.
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