Qudian Inc. (NYSE:QD) share price continued to fall Wednesday after the People’s Bank of China (PBOC) forbade the licensing of new micro-lending practices in China. Has Wall Street gone a bit overboard punishing the online credit firm? Stifel’s John Davis recommends investors initiate or add to positions at current levels.
Qudian Inc. (QD) Investors, Don’t Let Current Events Spook You: Stifel
