Market Gains and Losses: Manulife Financial, SuRo Capital, B. Riley
Market Ups and Downs: Manulife Financial Soars, B. Riley Stumbles

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Feb. 15, 2024 12:00 PM ET
MFC, MCY, BANC, RILY, MIGI, PLMR, LGHL ,SSSS, GREE, BTM
By: Mary Christine Joy, SA News Editor

stock market

hxdbzxy/iStock via Getty Images

Financial Winners

  • SuRo Capital (SSSS) +19% after news of a Dutch Auction tender offer.
  • Palomar Holdings (PLMR) +14% following a Q4 earnings beat.
  • Mercury General (MCY) +7%.
  • Manulife Financial (MFC) +7% after outperforming Q4 expectations and receiving a ratings upgrade.
  • Banc of California (BANC) +7%.

Financial Losers

  • Mawson Infrastructure Group (MIGI) -17%.
  • B. Riley Financial (RILY) -11% due to an investigation update.
  • Bitcoin Depot (BTM) .
  • Greenidge Generation Holdings (GREE) .
  • Lion Group Holding (LGHL) .
  • S&P 500 Financials Sector +1.4% to 658.56. Banks (contributes 33.9% to index) +2.17% to 359.38. Financial Services (contributes 45.8% to index) +1.02% to 1146.32. Insurance (contributes 20.3% to index) +1.18% to 700.01.


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