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LexinFintech Newsroom
Stock market anomaly | Lexinfintech's stock price rose by 14.75%, reaching a three-year high.
On Wednesday (November 27) Eastern Time, U.S. stocks closed, driven by Q3 performance surge, significant profit increase, and ongoing valuation recovery factors. Lexinfintech (LX.US), china's leading new consumer digital technology service provider, rose 14.75%, closing at $4.90, with a transaction volume of $63.9904 million on that day, marking two consecutive trading days with transaction volumes exceeding $60 million. Lexinfintech opened with a high price and continued to rise throughout the day, peaking at $5.07 in the closing hours, hitting a new high in three years, previously reaching $5.40 on November 17, 2021; the 14.75% increase is also
Asian Equities Traded in the US as American Depositary Receipts Edge Down in Wednesday Trading
Retail Investors Who Hold 37% of LexinFintech Holdings Ltd. (NASDAQ:LX) Gained 33%, Insiders Profited as Well
Investors Still Aren't Entirely Convinced By LexinFintech Holdings Ltd.'s (NASDAQ:LX) Earnings Despite 37% Price Jump
Performance recovery, increased dividends, low valuation, lexinfintech (LX.O) highlights long-term investment value.
Recently, lexinfintech (LX.O) announced its financial report for the third quarter of 2024, showing revenue of 3.66 billion yuan and profit (Non-GAAP EBIT) of 0.409 billion yuan, a quarter-on-quarter growth of 33.2%. The operation indicators improved overall, demonstrating a sustained improvement in profitability and a return to a growth trajectory.
LexinFintech Holdings Ltd (LX) Q3 2024 Earnings Call Highlights: Strong Net Profit Growth ...
US stocks movement | Lexinfintech (LX.US) stock price increases by 25.59%, with several brokerages such as Jiayin and CITIC Lyon significantly raising the target price.
Set a record for the second largest increase of the year.
U.S. stocks surged overnight, lexinfintech rose more than 25% and all Q3 operational indicators improved significantly, increasing dividend distribution.
Grain Capital November 27 | Lexinfintech (LX.US) soared 25.59% overnight to $4.27. On the news front, Lexinfintech released the unaudited financial performance for the third quarter of 2024, with a company revenue of 3.66 billion yuan, Non-GAAP EBIT profit of 0.409 billion yuan, a quarter-on-quarter increase of 33.2%. Thanks to the continuous risk and underlying data construction capabilities, new asset quality improves season by season, large cap asset structure becomes more high-quality and healthy, all risk indicators are comprehensive positive, funding costs decrease, and performance welcomes high-quality growth. In addition, in order to better fulfill the commitment to shareholder returns and demonstrate the company's long-term development.
U.S. stocks are moving丨Hesai up 44.42%, making it the largest gainer among Chinese concept stocks.
On November 27, Glonghui reported that the top five performing Chinese concept stocks at closing were: Hesai up 44.42%, qudian up 33.19%, lexinfintech up 25.59%, ideanomics up 25%, and mercurity fintech up 23.56%. Among them, Hesai's third-quarter revenue was 0.54 billion yuan, a year-on-year increase of 21.1%, significantly exceeding guidance, achieving a net income increase of 49.74% year-on-year. (Glonghui)
Q3 2024 Lexinfintech Holdings Ltd Earnings Call
Citi Upgrades LexinFintech(LX.US) to Buy Rating, Raises Target Price to $4.4
J.M. Smucker Posts Upbeat Earnings, Joins LexinFintech, Semtech, Arrowhead Pharmaceuticals And Other Big Stocks Moving Higher On Tuesday
Asian Equities Traded in the US as American Depositary Receipts Fall in Tuesday Trading
Citigroup Upgrades Lexinfintech to Buy From Neutral, Price Target Is $4.40
LexinFintech Holdings Ltd. (LX) Q3 2024 Earnings Call Transcript Summary
LexinFintech Shares Are Trading Higher After the Company Announced Its Board Approved an Amendment for a Dividend Policy to Increase the Payout Ratio. Also, the Company Reported Q3 Financial Results.
Express News | Lexinfintech Shares Rise 5.9% Premarket After Q3 Results
LexinFintech | 6-K: Report of foreign private issuer (related to financial reporting)
U.S. stock fluctuations | lexinfintech pre-market rose over 3%, Q3 profit increased over 33% quarter-on-quarter, strengthened dividend payouts.
CapitalWatch | Lexinfintech (LX.US) rose 3.24% in pre-market trading to $3.51 on November 26th. In terms of news, Lexinfintech released its unaudited financial performance for the third quarter of 2024, with company revenue of 3.66 billion yuan, Non-GAAP EBIT profit of 0.409 billion yuan, a 33.2% increase from the previous quarter. High-quality assets accounted for over 75% of new assets during the period, with early risk indicators FPD7 decreasing by approximately 13% compared to the previous period. In addition, in order to better fulfill its shareholder return commitment and demonstrate long-term confidence in the company's development, Lexinfintech, in addition to continuing to pay dividends twice a year (the first half-year dividend was already paid in October), decided...
LexinFintech (LX) Q3 2024 Earnings Call Transcript