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Why 9F Stock Soared 17% Today

TheMotleyFool

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Shares of Chinese financial services company 9F (NASDAQ: JFU) jumped 16.8% in 10:40 a.m. EDT trading this morning, apparently in response to a press release yesterday announcing the date for an "extraordinary general meeting" of its shareholders.

And yet the subject to be discussed at this meeting doesn't really seem like the kind of thing that should be adding tens of millions of dollars to the company's market capitalization.

Image source: Getty Images.

Source Fool.com

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