Financial stocks were edging higher pre-bell Wednesday as the Financial Select Sector SPDR Fund (XLF) was marginally advancing recently.
The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was flat.
Lemonade (LMND) shares declined by over 14% after the company issued Q1 and 2025 revenue outlook below analysts' expectations.
Blackstone Secured Lending Fund (BXSL) shares were 0.7% lower after the company reported a decline in Q4 earnings.
NatWest Group (NWG) is working on a significant risk transfer tied to a portfolio of leveraged loans totaling almost 1 billion British pounds ($1.3 billion), Bloomberg reported, citing people with knowledge of the matter. NatWest Group shares were down 0.3% premarket.
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