09:18 AM EDT, 08/13/2024 (MT Newswires) -- Financial stocks were advancing premarket Tuesday, with The Financial Select Sector SPDR Fund ( XLF ) 0.4% higher.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1.4% lower.

Paysafe ( PSFE ) shares were up over 8% after the company reported higher Q2 adjusted net income and revenue in addition to lifting its fiscal 2024 sales outlook.

B. Riley Financial ( RILY ) stock was down more than 9% in recent Tuesday premarket activity after the company said it could not file its report on Form 10-Q for the quarter ended June 30 owing to delays in finalizing the valuations of certain loans and investments.

Shift4 Payments ( FOUR ) said its subsidiaries priced a $1.10 billion private offering of 6.75% senior notes due 2032. Shift4 Payments ( FOUR ) shares were up more than 1% pre-bell.