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Benzinga
Benzinga
Business
The Bamboo Works

Qudian Headed for Wall Street Exit Door? Not So Fast, Perhaps

Key takeaways:

  • Qudian’s stock has closed at an average price of less than $1 over the last 30 trading days, putting it out of compliance with New York Stock Exchange listing rules
  • Analysts have suddenly become more positive on the company, with six rating it a ‘buy’ or ‘strong buy’ in February after it received mostly ‘hold’ ratings in previous two months
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