Weidai Ltd. Recorded Big Gain

Weidai Ltd. (WEI:NYSE) shot up at $1.62, representing a gain of 50%. From Mon, Jun 14, 2021, the stock recorded 30.00% Up Days and 54.55% Green Days
The stock spiked on Tue, Apr 06, 2021 at $1.76 with a volume of 16M+, and its share price has been moving sideways in recent weeks.
About Weidai Ltd. (WEI:NYSE)
Weidai Ltd is a China-based company operating in the online finance marketplace business in China. It provides auto-backed financing solution in the form of title loans to small and micro enterprises. It generates revenue from the service fees charged to borrowers for facilitation and management of loans, and also charge fees to online investors for facilitating their investments via a platform, and the transfer of their investments on its secondary loan market.
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