News Analysis Report: Spirit Airlines Incorporated (NASDAQ:SAVE), Yirendai Ltd – ADR (NYSE:YRD)

On Tuesday, Shares of Spirit Airlines Incorporated (NASDAQ:SAVE), subtract -0.96% and closed at $52.88 in the last trading session. The last trading range of the stock ranges between $51.94 and $55.10. The company’s Market capitalization is $3.77 Billion with the total Outstanding Shares of 69.32 million. During the 52-week trading session the minimum price at which share price traded, registered at $32.73 and reached to max level of $55.10. The EPS of company is strolling at 4.10. Whether you’re recovering from the election, sick of raking leaves or need an escape from the chilly temps, a Florida getaway just got a lot more affordable for travelers in Northeast Ohio. Recently, Spirit Airlines adds Akron-Canton Airport (CAK) to its growing network, with the start of nonstop flights to Orlando, Fort Lauderdale, Fort Myers and Tampa. As its 58th destination, Spirit will also begin daily nonstop flights from CAK to Myrtle Beach and Las Vegas on April 27, 2017.

Shares of Yirendai Ltd – ADR (NYSE:YRD), dropped -0.82% and closed at $30.30 in the last trading session. The last trading range of the stock ranges between $29.23 and $31.29. The company’s Market capitalization is $1.84 Billion with the total Outstanding Shares of 117.00 million. During the 52-week trading session the minimum price at which share price traded, registered at $3.35 and reached to max level of $42.34. The EPS of company is strolling at 1.08. Yirendai Ltd. (YRD) (“Yirendai” or the “Company”), a leading online consumer finance marketplace in China, recently declared its unaudited financial results for the quarter ended September 30, 2016.

Starting from the second quarter of 2016, the Company changed its reporting currency from the U.S. dollar (“US$”) to the Renminbi (“RMB”), to reduce the impact of raised volatility of the RMB to US$ exchange rate on the Company’s stated operating results. The aligning of the reporting currency with the underlying operations will better depict the Company’s results of operations for each period. This release contains translations of certain RMB amounts into US$ for convenience[i]. Prior period numbers have been recast into the new reporting currency.

 

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