Qudian (QD) IPO Opens 43% Higher

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Go back to Qudian (QD) IPO Opens 43% Higher

Bernstein Starts Qudian (QD) at Outperform

October 19, 2017 8:05 AM EDT

Bernstein initiates coverage on recent IPO Qudian (NYSE: QD) with an Outperform rating and a price target of $44.00.

Analyst Linda Sun-Mattison said their bullishness is driven not by the Fintech hype, but rather by strong, genuine credit demand, QD's scale, and... More

Qudian Inc. (QD) Prices 37.5M ADS IPO at $24/Sh

October 18, 2017 6:35 AM EDT

Qudian Inc. (NYSE: QD) today announced the pricing of its initial public offering of 37,500,000 American depositary shares ("ADSs") at a price to the public of US$24.00 per ADS for a total offering size of approximately US$900.00 million, assuming the underwriters do not exercise their... More