Sector Update: Financial Stocks Fall Premarket Friday

, MT Newswires -  9:13 AM ET 3/21/2025 US Markets

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print

09:13 AM EDT, 03/21/2025 (MT Newswires) -- Financial stocks fell premarket Friday with the Financial Select Sector SPDR Fund (XLF) 0.8% lower recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 2.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 2.2% higher.

F&G Annuities & Life ( FG ) shares declined by over 4% after the company priced a public offering of 8 million common shares at $35 each.

Oxford Lane Capital ( OXLC ) shares were up more than 1% after the company said its board approved a share repurchase program of up to $150 million.

Patriot National Bancorp ( PNBK ) shares surged by over 36% after the company said it agreed to raise over $50 million in a private placement of common shares and non-voting preferred stock. Patriot National Bancorp ( PNBK ) also said Chief Executive David Lowery is leaving the company.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

© 1999-2025 Midnight Trader, Inc. All rights reserved.

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print
close
Please enter a valid e-mail address
Please enter a valid e-mail address
Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf.The subject line of the e-mail you send will be "Fidelity.com: "

Your e-mail has been sent.
close

Your e-mail has been sent.