Yiren Digital Stock Surges 50% After Reaffirming Operational Independence And Share Buyback
Yiren Digital (YRD) shares rose 49.74% to $0.6813 after the company reaffirmed operational independence and a $20M share buyback plan. The surge follows an update on an investigation involving affiliates of its controlling shareholder, which Yiren Digital stated is unrelated to its operations. Trading volume reached 110.11 million shares, significantly above the average of 80,000. The company holds $250M in cash equivalents as of June 30, 2026.


