Futu Holdings Stock Gains 25%

Shares of Futu Holdings Limited (FUTU) are gaining over 25% on Wednesday morning paring down losses it made in the past one month.

FUTU is currently trading at $32.96, up $6.71 or 25.56%, on the Nasdaq. As of March 14, the stock had lost nearly 47% in its market value in the one month period.

Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. The company provides trading, clearing, and settlement services; margin financing and securities lending services; and stock yield enhancement program.

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