|Over a week ago|
Weidai regains compliance with NYSE » 05:1111/1811/18/20
Weidai announced that it…
Weidai announced that it has regained compliance after it received a letter from the New York Stock Exchange dated October 20, notifying Weidai that it was below compliance standards due to the trading price of Weidai's American depositary shares. The company received a confirmation from the NYSE that it had regained compliance with continued listing standards after the average closing price for its ADSs for the consecutive 30-trading-day period ended October 30 exceeded $1.00.
|Over a month ago|
Weidai Ltd (Class A ADS) trading resumes 13:3310/2110/21/20
Weidai Ltd (Class A ADS) trading halted, volatility trading pause 13:2710/2110/21/20
Weidai falls -37.3% » 10:0010/2110/21/20
Weidai is down -37.3%, or…
Weidai is down -37.3%, or -$1.91 to $3.22.
Weidai comments on recent market activity » 05:2110/2110/21/20
Weidai said it is issuing…
Weidai said it is issuing this press release in light of the unusual trading activity related to the American depositary shares, or ADSs of the company on the NYSE. The company said, "Normally, Weidai does not comment on market activity or rumors. However, Weidai confirms that it is not aware of any undisclosed material change or development in its business and operations or rumors in the market that would account for the recent increase in trading activity, and related increase in trading price, of its ADSs on the NYSE."
Weidai Ltd (Class A ADS) trading halted, news pending 17:4310/2010/20/20
Weidai rises 367.7% » 12:0010/2010/20/20
Weidai is up 367.7%, or…
Weidai is up 367.7%, or $3.01 to $3.83.
|Over a quarter ago|
Weidai downgraded to Underweight from Overweight at Morgan Stanley » 07:4701/2101/21/20
Morgan Stanley analyst…
Morgan Stanley analyst John Cai downgraded Weidai to Underweight from Overweight with a price target of $2.10, down from $13.00. He cut his 2020 earnings estimates for Weidai by 87% given the lack of clarity and greater business model uncertainty amid heavy offline operations.Peer to peer, or P2P, loan balances in China have fallen at an accelerated pace, which he sees as a trend that is likely to continue in 2020, Cai tells investors.
Weidai falls -8.4% » 09:4712/2712/27/19
Weidai is down -8.4%, or…
Weidai is down -8.4%, or -29c to $3.15.
Weidai rises 5.0% » 09:4712/2612/26/19
Weidai is up 5.0%, or 15c…
Weidai is up 5.0%, or 15c to $3.18.