Here is why Jianpu Technology Inc. (JT) stock popup in the after-hours on Friday?

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MGTA Stock
MGTA Stock

Jianpu Technology Inc. (JT) shares surged 11.84% in after-hours on Friday, October 29, 2021, and closed the weekly trading at $1.70. But in the regular trading session, JT’s stock lost 5.00%. JT shares have fallen 66.31% over the last 12 months, and they have moved down 4.40% in the past week. Over the past three months, the stock has lost 21.65%, while over the past six months, it has declined 46.10%.

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Recent recognition for JT

On October 29, 2021, Jianpu Technology Inc. (JT) won the prestigious 2021 Top 10 Fintech Innovation Award. The Award, bestowed by “The Chinese Banker” recognizes Jianpu’s excellence in enabling the digitization of financial institutions.


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Jianpu has also expanded its footprint into Southeast Asia markets by applying and adapting its successful formula and pioneering business models.

JT filed its Form 20-F report

On October 29, 2021, Jianpu Technology Inc, filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the Securities and Exchange Commission.

JT received special Accreditation

On September 29, 2021, Jianpu Technology Inc (JT) received the Specialized Accreditation of Big Data Platform Security (Certification) from the Zhuoxin (Advanced Information Security) Big Data Program.

JT enrolled in CAICT’s Big Data Program

On May 28, 2021, Jianpu Technology Inc. (JT) was selected among the first batch of companies enrolled in the Zhuoxin and participated in compiling and releasing an industry report – Mobile Data Security Blue Book.

Conclusion

The recent prestigious 2021 Top 10 Fintech Innovation award could be the reason behind its after-hours gains on Friday. we can expect it to continue its positive performance after the weekend as well.

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About the company

Jianpu Technology Inc. is a leading independent open platform for the discovery and recommendation of financial products in China. By leveraging its deep data insights and proprietary technology, Jianpu provides users with personalized search results and recommendations that are tailored to each user’s particular financial needs and credit profile.

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