LexinFintech Holdings: Worst day ever on Q4 revenue miss
20/03/2018 15:18
** Shares of LexinFintech Holdings Ltd LX.O slide 10.9 pct
to $16.26 at 14:52 GMT
** Earlier, shares slumped 13.4 pct to a low of $15.80 in
their biggest intraday pct fall ever
** Chinese online lender posts Q4 revenue below
expectations, hurt by a 61 pct rise in funding costs
urn:newsml:reuters.com:*:nGNX9bzbZq
** About 664k shares traded so far today, nearly 228 pct of
their 30 DMA
** Among the 5 analysts covering stock the current average
rating on the shares is "buy"
** The analyst mean price target is $20.96 and shares
currently below mean PT by 22.6 pct
** Shares up 16 pct YTD
(Reporting by Shreyashi Sanyal in Bengaluru)
((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))