Weidai Ltd (NYSE:WEI) Stock Falls 38% YTD: Here is Why

September 24, 2021

Chinese auto backed financial solutions providing company Weidai Ltd (NYSE:WEI) had had a pretty difficult time in the markets this year so far. The Weidai stock has declined by as much as 38% so far this year and in this situation, it might be a good idea for investors to perhaps figure out if the stock can actually make a recovery eventually. Last month the company was in the news…