Top Midday Decliners
More than 22.2 million shares traded intraday compared with a daily average of about 2.72 million.
Shares slumped 22% following an increase in intraday trading volume to over 70,000 from a daily average of about 24,000.
The decrease was primarily due to a growing loan volume facilitated by the company's risk model, which required upfront provisions and increased investment in acquiring higher-quality borrowers and developing AI capabilities, Yiren said.
Shares slid 20% as intraday trading volume rose to over 625,000 versus a daily average of about 136,000.
Price: 2.06, Change: -0.79, Percent Change: -27.64
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