UBS lost 5.5% during Friday's session; goes up in pre-market trading (+3.52% to $18.84)

As traders prepare for a higher market open today, Friday's bearish sentiment is in focus: during Friday's session, UBS Group AG toiled and struggled for upward momentum before closing at $18.2. By the close, the the Swiss bank giant suffered a $1.06 or 5.5% loss.

• Daily trading volume (6.28 million shares) was above the current multiday average of 2.48 million.

Friday's closing bell ended a trading session in which Nasdaq slips 0.74% before ending the session at 11,631. UBS was down Friday while similar drops were seen throughout the Financial Services sector (down 1.02%).

The Swiss banking juggernaut has fallen back around 13.09% from the significant high of $22.16 set 13 days ago. So far this year, it has been under-performing the Nasdaq by 4.72%. UBS is currently trading with a market cap of $56.56 billion with an average daily trading volume of 2.48 million shares. UBS is forecasted to generate revenues of $8 billion and EPS of 38 cents.

UBS was not the only decliner in the financials sector; HSBC Holdings lost 4.09% Friday and closed at $33.08. Berkshire Hathaway lost 2.81% Friday and closed at $293.51. JP Morgan Chase went down to $125.81, losing 3.78% after it closed at $130.75 Friday.