Yiren Digital (YRD) falls 4.12% for September 14

Equities Staff  |

Today, Yiren Digital Ltd - ADR Inc’s (NYSE: YRD) stock fell $0.14, accounting for a 4.12% decrease. Yiren Digital opened at $3.37 before trading between $3.40 and $3.23 throughout Tuesday’s session. The activity saw Yiren Digital’s market cap fall to $273,787,922 on 76,853 shares -below their 30-day average of 96,067.

About Yiren Digital Ltd - ADR

Yiren Digital Ltd. is a leading fintech company in China, providing both credit and wealth management services. For its credit business, the Company provides an effective solution to address largely underserved investor and individual borrower demand in China through online and offline channels to efficiently match borrowers with investors and execute loan transactions. Yiren Digital deploys a proprietary risk management system, which enables the Company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. Yiren Digital's marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns. For its wealth management business, the Company targets China's mass affluent population and strives to provide customized wealth management services, with a combination of long-term and short-term targets as well as different types of investments, ranging from cash and fixed-income assets, to funds and insurance.

Visit Yiren Digital Ltd - ADR's profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Yiren Digital Ltd - ADR and to follow the company's latest updates, you can visit the company's profile page here: Yiren Digital Ltd - ADR's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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