24/7 Market News Snapshot 18 March, 2025 – UP Fintech Holding Ltd American Depositary Share representing fifteen Class A Ordinary Shares (NASDAQ:TIGR)

March 18, 2025

DENVER, Colo., 18 March, 2025 (247marketnews.com) – (NASDAQ:TIGR) are discussed in this article.
UP Fintech Holding Ltd (NASDAQ:TIGR), a prominent player in the online brokerage sector, has shown significant market momentum with its share price surging to $9.04, marking a notable increase of 13.43% from a previous close of $7.97. The stock’s robust performance was supported by a trading volume of 12.23 million shares, indicating heightened investor interest and potential for continued upward movement. Analysts suggest that the stock is nearing key resistance levels around $9.50, and a breakthrough could pave the way for a new bullish trend.

The company also recently released its financial results for the fourth quarter and the full year 2024, which highlighted exceptional growth and a strong financial trajectory. For Q4, UP Fintech achieved total revenues of $124.1 million, representing a remarkable year-over-year increase of 77.3%. The full-year revenue also experienced commendable growth, totaling $391.5 million, a 43.7% rise from 2023. The net income attributable to ordinary shareholders saw a significant turnaround, reaching $28.1 million in the fourth quarter compared to a loss of $1.8 million in the corresponding period last year.

UP Fintech’s customer base has expanded impressively, adding 59,200 new customers in Q4 alone and bringing the total to 1,092,000, which contributed to an account balance of $41.7 billion—a 36.4% increase year-over-year. The company’s recent approval for its cryptocurrency platform and enhancements to its AI investment assistant, TigerAI, reflect its commitment to innovation and meeting evolving market demands.

The strong performance highlights UP Fintech’s strategic execution and positions the company favorably within the competitive online brokerage landscape, demonstrating a promising outlook for future growth and profitability.

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