Published on 21 Jul 2023 on Simply Wall St. via Yahoo Finance
Even after rising 25% this past week, 9F (NASDAQ:JFU) shareholders are still down 89% over the past...
9F Inc. (NASDAQ:JFU) shareholders will doubtless be very grateful to see the share price up 52% in the last month. But that is meagre solace in the face of the shocking decline over three years. Indeed, the share price is down a whopping 89% in the last three years. So we're relieved for long term holders to see a bit of uplift. Only time will tell if the company can sustain the turnaround. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson.
On a more encouraging note the company has added US$10m to its market cap in just the last 7 days, so let's see if we can determine what's driven the three-year loss for shareholders.
Check out our latest analysis for 9F