UP Fintech Holding Ltd. (TIGR) surged 13.18% to $12.71 on Friday, ahead of its second-quarter earnings announcement on August 27. In Q1, TIGR reported a 147% increase in net income to $30.4 million and a 55% growth in total revenues to $122.6 million year-on-year.

TIGR, an online brokerage firm based in Singapore with operations in the US and Hong Kong, saw a third consecutive day of gains. Investors are positioning themselves ahead of the earnings release, with an investor call scheduled for 8 PM Eastern Time on Wednesday.

Despite TIGR’s strong performance, there are other AI stocks with potentially higher returns and lower downside risk. For those seeking an inexpensive AI stock with significant upside potential, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: UP Fintech (TIGR) Jumps 13% Ahead of Earnings