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Gainers: County Bancorp (ICBK) +45%. Q&K International Group (QK) +11%. Futu Holdings (FUTU) +7%. 360 DigiTech (QFIN) +7%. UP Fintech Holding (TIGR) +5%.Losers: Carver Bancorp (CARV) -8%. Gaucho Group Holdings (VINO) -8%. AFC Gamma (AFCG) -8%. Washington Prime Group (WPG) -8%. Lion Group ...
Negative sentiment towards Chinese stocks has pushed valuations to attractive levels, including many high-growth tech companies. While tougher policy on Chinese companies poses risks, a three-year compliance period should give companies and politicians sufficient time to act. Thes...
solarseven/iStock via Getty Images This week's top financial gainers includes the meme stock, 360 DigiTech, the bitcoin miner Marathon Holdings, and some other credit servicers. The top 5 financial gainers generated double digit returns on a weekly and monthly basis. This week's largest loser...
sefa ozel/E+ via Getty Images LexinFintech Holdings (LX) stock gains 2.4% in after-hours trading after Morgan Stanley analyst Richard Xu upgrades the stock to Overweight from Equal Weight as he sees reduced regulatory uncertainties for Chinese online lenders. Also cites improved cre...
solarseven/iStock via Getty Images This week's top financial gainers include two companies known for their mobile apps, such as Root and 360 DigiTech, a mortgage name that's joined the meme crowd. All top 5 financial gainers this week generated double digit returns for the month. This week's ...
360 DigiTech delivers another good quarter with record-high revenue and an astonishing net income level. The capital-light model is playing a dominant role in QFIN's overall business, which will help to drive up its valuation in the long run. The company has a strong outlook in Q2...
Even though 360 DigiTech's share price has recently been growing, it still seems undervalued. The company has demonstrated unique technological capabilities and is poised for further development. It will benefit from the antitrust regulations that provide extensive market opportun...
Gainers: Washington Prime Group (WPG) +142%. LexinFintech Holdings (LX) +27%. Ashford (AINC) +26%. Ashford Hospitality Trust (AHT) +19%. 360 DigiTech (QFIN) +17%.Losers: Mudrick Capital Acquisition (MUDS) -12%. GigCapital2 (GIX) -10%. Invesco (IVZ) -8%. loanDepot (LDI) -7%. CIM Commercial Tru...
Fintech stocks have been trending higher since the onset of the pandemic last year due to the widespread adoption of remote financial transactions and an increase in digital sales. However, all fintech players have not been able to ride the digital payment wave. While newly-listed Affirm Hold...
360 DigiTech announced its latest results, which look quite impressive as it sharply lowers costs through increasing automation. The company's revenue rose a modest 13% during the quarter to 3.6 billion yuan. But its profit soared by a factor of seven to 1.3 billion yuan from 183 mill...
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2024-06-24 03:28:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...