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Yiren Digital Stock Drops 20% On Lower Q4 Net Income

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Yiren Digital Ltd. (YRD) is trading at $6.82, down 20.79 percent or $1.79 during Thursday's trading, after fourth-quarter net income declined to RMB331.4 million from RMB571.3 million in the same period of 2023.

The stock opened at $7.62 and has traded between $6.32 and $7.60, compared to a previous close of $8.61 on the New York Stock Exchange. Trading volume stands at 609,189 shares, well above the average of 135,881. The stock's 52-week range is $4.12 to $9.20.

However, revenue of RMB1,452.2 million, a 14 percent increase from the previous year.

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