Qifu Technology, Inc. (QFIN) Soars 5.8%: Is Further Upside Left in the Stock?
QFINQFIN(QFIN) Zacks Investment Research·2024-01-24 22:56

Qifu Technology, Inc. (QFIN) shares ended the last trading session 5.8% higher at $14.67. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.5% loss over the past four weeks.The price surge can be correlated to the positive expectations of the company’s future performance driven by strong customer acquisition channels, high percentage of repeat customers, and the continued investment in Artificial Intelligence and l ...