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QFIN - 360 DigiTech stock drops 25% after talk of 360 IOU app removal
360 Finance Inc.
360 DigiTech (QFIN) stock sinks 25% after chatter on social media that the company's core product, 360 IOU app, has been removed.The QFIN decline follows drops in the stocks of DiDi Global and Full Truck Alliance after their apps were removed from major app stores as Chinese regulators investigate their customer data protection practices.See QFIN, DIDI, YMM stock activity over the past five days in chart below.