Why Shares of B. Riley Financial Are Surging Today

Why Shares of B. Riley Financial Are Surging Today

Shares of the financial services company B. Riley Financial (NASDAQ: RILY) traded more than 14% higher in the late morning on Tuesday after it announced that it will join the S&P SmallCap 600 on Thursday. B. Riley offers a variety of financial services, including capital markets and investment banking, advisory services, real estate, wealth management, venture capital, and more. B. Riley currently has a market cap of nearly $1.9 billion.