Qudian Finds New Business Model in Buying Back Shares
Online lender announces plan to buy back up to $200 million worth of its shares, sending its stock up by as much as 60% Key Takeaways: Qudian has announced a…
FAST NEWS: Qudian Regains Compliance With New York Listing Rules
The latest: Online lender Qudian Inc. (QD.US) said on Thursday it has regained compliance with New York Stock Exchange listing rules, after its average closing price for the last 30…
Qudian Sees Food for Growth in Prepared Meals, Weighs Exit of Core Lending Business
The former fintech pioneer’s stock fell more than 10% after it announced a potential wind down of its original credit business as well as a new foray into ready-made meal…
FinVolution Emerging as Fintech Lending Leader After Industry Makeover
Direct lender-turned-loan facilitator reported better results for 2021 than two of its peers that also released earnings last week, sparking a 30% jump in its shares Key Takeaways: • FinVolution,…
Qudian Headed for Wall Street Exit Door? Not So Fast, Perhaps
Former fintech highflyer’s average share price falls below $1 for 30 days, even as analyst sentiment shows sudden positive shift Key takeaways: Qudian’s stock has closed at an average price…
Qudian Shares Sink Into Danger Zone as It Fails to Find New Footing
Embattled microlender’s shares dropped below $1 to all-time lows as its loan business shrank and a new child education club struggled Key takeaways: Qudian’s revenues slid 59% and the company…
FinVolution Solidifies New Growth Path After Weathering Fintech Clampdown
Company’s latest quarterly results show it’s bouncing back strongly from regulatory overhaul for former P2P lenders Key takeaways: • FinVolution’s user base increased sharply in the third quarter, leading to…
