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JMP Group LLC (JMP) stock is surging in the after-hours after the recent announcement

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JMP Group LLC (JMP) stock is surging in the after-hours on Thursday, April 29, 2021. As of this writing, it has gained 9.48%. Earlier JMP shares lost 1.40% to close the normal trading session at $6.33 per share.

JMP shares have surged 153.20% over the last 12 months, and they have moved down6.50% in the past week. Over the past three months, the stock has gained 50.71%, while over the past six months, it has added 152.18.

Let’s see what’s going on recently with JMP stock.

Financial results announcement

On April 29, 2021, JMP Group LLC released its financial results for the quarter ended March 31, 2021.

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Q1 2021 financial highlights

New appointments

On April 06, 2021, JMP Group LLC appointed Alfredo Barreto, Jr. as a managing director in its investment banking group. Mr. Barreto will advise corporate clients in the cannabis industry.

Earlier, on March 26, 2021, JMP Group LLC appointed Mark Lehmann, chief executive officer of JMP Securities as president of JMP Group. He will also continue to serve as a member of the company’s board of directors and its executive committee.

Q4 and FY 2020 financial results

On February 18, 2021, JMP Group LLC reported financial results for the quarter and full fiscal year ended December 31, 2020.

Q4 2020 financial highlights

FY 2020 Financial highlights 

Conclusion

The JMP stock is surging after the improved financial results announcement and we can expect it to continue its surge on Friday as well.

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