|Company Name||Uxin Limited|
On November 19, 2018, the Company reported that transaction volume for one of its business segments had declined 8.5% year-over-year and gross merchandise value had declined 14.8% due to its “recent change of approach in serving customers with car-selling needs.”
On this news, the Company’s ADS price fell $0.60 per share, or more than 11%, to close at $4.50 per share on November 20, 2018, thereby injuring investors.
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