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Futu Holdings Ltd. (FUTU) Stock in Decline After a Phenomenal Friday, Here’s the Reason
Futu Holdings Ltd. (FUTU), a company that operates an online wealth management platform, has slid 5.11% in the premarket trading session. Consequently, FUTU stock was trading at $38.60 when last checked. The decline could be attributed to the profit-taking factor after the stock soared by 16.49% during Friday’s regular trading session to close the day at $40.69. The surge followed the filing of the fiscal year 2021 results by the company. FUTU FY 2021 Operational Results On Friday, FUTU filed the results for the fiscal year 2021 with SEC. The total revenue generated during the year was $912 million. The gross profit
