JFU Stock Price Increases Over 10% Pre-Market: Why It Happened

JFU Stock Price Increases Over 10% Pre-Market: Why It Happened
  • The stock price of 9F Inc (NASDAQ: JFU) is trading at over 10% pre-market as of 6:37 AM ET today. This is why it happened.

The stock price of 9F Inc (NASDAQ: JFU) is trading at over 10% pre-market as of 6:37 AM ET today. There appears to be continued momentum as the stock price increased 34.87% yesterday from a previous close of $1.95 to $2.63. And one of the biggest drivers for the stock price appears to be hype around the stock on social media in the last couple of days.


There has been an uptick in discussion about JFU on Reddit, Twitter, StockTwits, Facebook, and Discord. And due to the momentum from yesterday, JFU was added to the “Daily Movers” list on Robinhood — which is also likely driving some momentum as well. 


Quick Thought: This stock is highly volatile so inexperienced investors should avoid this one. 


Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.