Shares of digital payments and financial technology company Mogo Inc. (MOGO) are climbing more than 18% Wednesday morning after reporting robust second-quarter results. The company also raised its forth-quarter subscription and services revenue growth outlook.
Net income in the second quarter was $9.0 million, driven by a $24.9 million gain on the Coinsquare investment, compared with a net loss of $1.6 million last year.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.