Lufax Shares Surge About 17% Ahead of Earnings Report
U.S.-listed shares of Lufax Holding rose about 17% overnight ahead of an earnings report due the following day. Retail traders speculated about a possible take-private offer; no offer is confirmed in the report.
U.S.-listed shares of Lufax Holding (LU) surged about 17% overnight heading into Monday ahead of an earnings report the following day as retail traders searched for a catalyst and speculated about a possible take-private offer.LU stock fell 4% on Friday to close at $8.06, marking its ninth decline…