Financial Sector Update for 03/22/2019: HRZN, FITB, MBFI, JPM, BAC, WFC, C, USB

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Top Financial Stocks:

JPM: -1.08%

BAC: -1.28%

WFC: -1.02%

C: -1.61%

USB: -0.79%

Top financial stocks were retreating early Friday. Stocks moving on news include:

(-) Horizon Technology Finance Corporation ( HRZN ), which is down more than 6% after announcing late Thursday that it plans to offer an underwritten primary offering of 2 million shares of its common stock, which it intends to use to repay its outstanding debt borrowed under its revolving credit facility.

(-) Fifth Third Bancorp ( FITB ) is down 1% after it said it completed its acquisition of MB Financial (MBFI).

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Banking and loans , ETFs
Referenced Symbols: HRZN , FITB , JPM , BAC

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