09:23 AM EST, 11/05/2025 (MT Newswires) -- Financial stocks were advancing premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) 0.1% higher.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.3% lower.

Lemonade (LMND) stock was up nearly 15% after the company posted a narrower Q3 net loss amid higher revenue, and raised its 2025 revenue outlook.

Fidelity National Information Services ( FIS ) shares were up more than 1% after the company reported higher Q3 adjusted earnings and revenue.

Burford Capital ( BUR ) shares were nearly 3% lower after the company said it swung to a Q3 net loss amid lower revenue.