08:58 AM EDT, 04/01/2025 (MT Newswires) -- Financial stocks declined premarket Tuesday as the Financial Select Sector SPDR Fund (XLF) fell by 0.5% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.6% higher.

Open Lending ( LPRO ) shares fell by over 20% after the company reported a wider Q4 net loss and negative revenue during the period.