JFIN - Jiayin stock surges amid social media attention

Jiayin Group (JFIN), typically a volatile stock given its low public float, jumps 36% in midmorning trading (NY time) after getting a bit of social media attention.Mike Wang posts on Twitter his view that Jiayin is undervalued, including a link to a Dec. 8, 2020 Stock Market Revolution article he penned.Another tweet mentions JFIN as a potential play in non-fungible tokens, which have also been attracting a lot of online attention.JFIN has about 54.02M shares outstanding; its 24-month Beta score, which measures a stock's deviation from the market is 1.47 vs. the market's Beta of 1.0.See JFIN's ups and downs over the past year in chart below.

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Jiayin stock surges amid social media attention