Why Uxin Stock Was Skyrocketing Today

By Yahoo! Finance | Sep 23, 2024 at 02:35 PM EST

Uxin's stock surged by 42.6% after delivering strong fiscal first-quarter results, showing improved transaction volume and revenue growth. Despite past struggles, the company's new business model is gaining traction, aiming for profitability by the December quarter. Investors should monitor gross margins for future profitability.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.