InvestorPlace
Yiren Digital (NYSE:YRD) is up by nearly 75% year-to-date. Over the past twelve months, YRD stock has gained by more than 134%. With such a strong performance, many questions emerge. For starters, what’s the story with this China-based fintech firm? While not an obscure stock per se, admittedly it is not one of the most talked-about stocks out there, even among U.S.-listed Chinese stocks. That’s not all. Why exactly have shares performed so well? Did speculative frenzy drive its big move higher,