Why Uxin Stock Was Crushing It This Week
Over the past few days, investors have clearly liked what they see on Uxin's (NASDAQ: UXIN) lot. The Chinese operator of used-car dealerships saw its share price accelerate 7% higher week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence, thanks mainly to an inspiring quarterly earnings report.The market was cheered by Uxin's first-quarter performance, not least because the auto retailer posted some impressive year-over-year improvements. Image source: Getty Images.Continue reading
Over the past few days, investors have clearly liked what they see on Uxin's (NASDAQ: UXIN) lot. The Chinese operator of used-car dealerships saw its share price accelerate 7% higher week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence, thanks mainly to an inspiring quarterly earnings report.
The market was cheered by Uxin's first-quarter performance, not least because the auto retailer posted some impressive year-over-year improvements.
Image source: Getty Images.
