Qifu Technology, Inc. (QFIN) Moves 6.2% Higher: Will This Strength Last?

Qifu Technology, Inc. (QFIN) shares ended the last trading session 6.2% higher at $38.63. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 15.8% loss over the past four weeks.The stock has recorded this price rise as the company benefits from a decline in the delinquency rate after 30-day collection on the overall loan portfolio. Furthermore, an increase in total loan facilitation and origination volume on the compa ...