Futu Holdings Trading Volume Plummets 46.15% to 407th Position Despite Strong Q4 Revenue Growth

On March 28, 2025, Futu Holdings (FUTU) experienced a significant decline in trading volume, with a total turnover of $212 million, marking a 46.15% decrease from the previous day. This placed Futu at the 407th position in terms of trading volume among all stocks listed that day. The stock price of Futu also dropped by 5.53%.

Futu Holdings Limited recently reported strong financial results for the fourth quarter of 2024, with revenue increasing by 87.8% year-over-year. This substantial growth in revenue contributed to a notable gain in the company's stock price, which rose by $10. Despite this positive performance, Futu's stock faced a downgrade from a prominent financial analyst, which may have influenced the recent decline in its stock price.

Futu Holdings Limited announced its unaudited financial results for the fourth quarter and full year of 2024. The company's strong performance in the fourth quarter, with over $8.0 million of the annual revenue recognized during the period, highlights its robust growth trajectory. This financial update is crucial for investors as it provides insights into the company's operational efficiency and market positioning.