STOCKS TELEGRAPH

Tag: KXIN

  • Kaixin Auto Holdings (KXIN) stock Under Corrections After Surging on New EV Intention Order

    Kaixin Auto Holdings (KXIN) stock Under Corrections After Surging on New EV Intention Order

    On March 28, Kaixin Auto Holdings (KXIN) announced an intention order for 20,000 electric vehicles. The latest order follows a sale order of 5,000 new energy logistics vehicles. Following the news, the stock surged up in the regular session but the uptrend culminated in a downfall pre-market. Hence, KXIN fell under corrections in the after-hours to shed its gains from the intention order news.

    Source: CompositesWorld

    The news resulted in a nice gain of 31.53% during the regular session. The stock trended actively in the green during the regular session at a volume of 40.7 million shares. The volume of the session was a humungous 2,547% of the average. Consequently, KXIN stock fell prey to corrections in the pre-market and lost 6.16%. Thus, the stock was trading at a value of $1.37 per share.

    The holding company, Kaixin Auto Holdings operates used car dealerships through its subsidiaries. The China-based company has a market capitalization of $159.24 million with its 143.46 million outstanding shares.

    KXIN’s EV Intention Order

    On Monday, the company announced entering into a strategic partnership with Beijing Camping Club Sports and Culture Communication Co., Ltd. Moreover, Camping Club has agreed to order at least 20,000 new energy vehicles from the company in the next five years. This total to a value of roughly 6 billion RMB (US$938 million approx.).

    Camping Club which is a modern sports and leisure tourism services platform sponsors China International Camping Congress. Approved by the General Administration of Sports of China, China International Camping Congress is a well-known event.

    Previous Order

    It was only recently, on March 22 that the company announced signing a sale order for 5,000 new energy logistics vehicles with Beijing Bujia Technology Co., Ltd. As per the announcement, Bujia will be ordering new energy vehicles worth 1 billion RMB ($156 million) from KXIN in 2022 and 2023.

    Bujia is a leading automobile logistics service provider in China.

    KXIN’s H1 2021 Results

    On December 29, 2021, the company declared its unaudited financial results for the first half of 2021.

    In H1 2021, the company generated total net revenues of $2.04 million with an increase of 205.7% YOY.

    Furthermore, the non-GAAP adjusted net loss from operations was $0.33 million in the period.

    KXIN had a gross profit of $2 thousand in H1 2021 against that of $1 thousand in the first half of 2020.

  • Kaixin Auto Holdings (KXIN) stock Strides Big Premarket. What is Happening?

    Kaixin Auto Holdings (KXIN) stock Strides Big Premarket. What is Happening?

    Kaixin Auto Holdings (KXIN) stock was up by 29.03% at $1.60 premarket, at the last check on December 16. The stock is striding big on the company’s announcement of an intention order of 10,000 EVs by Bujia.

    In the previous trading session, the stock saw a loss of 1.59%, at its closing price of $1.24 per share. Currently, the stock is gaining big in the premarket, after the emergence of the news. At the time of writing the stock was heavily traded at 7.4 million shares in the premarket.

    The subsidiaries of the China-based holding company, Kaixin Auto Holdings deal in used cars. Currently, the 143.46 million outstanding shares of KXIN trade at market capital of $180.76 million.

    Partnership Agreement with Bujia

    On December 16, KXIN announced entering into a strategic partnership agreement with Beijing Bujia International Logistics Limited. As per the agreement, Bujia will order a minimum of 10,000 new energy trucks from KXIN in the next five years. Further, this intention order will result in over $500 million.

    China’s leading platform for automotive “Bujia” plans to establish 300 automotive logistics transfer warehouses. Moreover, it has also planned for 1000 terminal delivery centers over the next 5 years. Further, Bujia will accomplish this by integrating a fleet of about 60000 delivery trucks in its logistics operation.

    KXIN’s New Strategic Plan

    On December 01, the company announced a new energy vehicle strategic plan comprised of three components. In the initial stage, KXIN will expand the new energy vehicle team, and begin the development of medium-sized commercial new energy vehicles. Further, the three-year period (2022-2025) production and sales target are 50,000 new energy vehicles. Moreover, through mergers and acquisitions, the company will speed up its plan to become a leading new energy vehicle company.

    Furthermore, it took over four months of careful discussions and reviews to formulate the new energy vehicle strategic plan. Finally, the company expects to begin adaptation of the new business model in 2022.

    KXIN’s POCCO EV Sales

    On November 15, the company announced the updated numbers and details of the POCCO electric vehicles sale. In August 2021, Henan Yujie Times Automobile Co., Ltd. signed a binding M&A term sheet with KXIN. According to the automobile company, POCCO EV sales volume reached 8,661 in the month of October. Out of these, DuoDuo model sales were 5,627 units and MeiMei 3,034 units. Subsequently, this showed a respective increase of 33.7% and 12.2% over September.

  • Kaixin Auto Holdings (KXIN) stock surged in the after hours trading session; here’s why

    Kaixin Auto Holdings (KXIN) stock surged in the after hours trading session; here’s why

    In the after-hours trading session, Kaixin Auto Holdings (KXIN) stock had surged by 6.75% to $2.53, at the last check. KXIN stock previously closed the session at $2.37. The KXIN stock volume traded 1.42 million shares today. In the past year-up-to-date, the KXIN stock had surged by 175.65% and in the past week, the shares moved up by 9.72%. In the past three and six months, the KXIN stock had shed -43.97% and -21.26%. Furthermore, Kaixin Auto Holdings is currently valued in the market at $151.70 million and has 41.72 million outstanding shares.

    What you need to know about Kaixin Auto Holdings

    Kaixin Auto Holdings is an auto & truck dealer-ship company that specifically focuses on one of the primary dealership networks with a niche of specialization in the premium used car segment. The auto company markets and runs its operations in China.

    The company has established a strong business model that incorporates a wide network of physical retail shops as well as pandemic-led-boost of digital online business.

    The organization Kaixin has changed from a tech-empowered financing stage into a cross-country seller network that joins its own and associated vendors just as worth added administrations.

    Kaixin has changed the member of its Board of Directors and its chairman

    Mr. Joseph Chen has resigned from Kaixin’s board of directors with effect from May 9, 2021. The Kaixin Auto Holdings made the announcement public on 13th May 2021; Mr. Joseph Chen has served as a director and the chairman of the Board since Kaixin’s establishment. The reasoning behind the resignation is in order to pursue focus on other business obligations. In his stead, Mr. Mingjun Lin has been appointed as the chairman of the board as well as director. Two more members became directors of the Board namely Mr. XiaoleiGu and Mr. Deqiang Chen with effect from 9th May 2021.

    Shareholders approve the resolutions passed in the special meeting

    There was a special shareholders’ meeting held on 7th of May. The purpose of the SS meeting was to hear across the shareholders and members what the different agenda items were and to approve them or not. The following were the agenda presented in front of the shareholders upon which they required resolution;

    • Each authorized issued and unissued Ordinary share of a par value of $0.0001 is proposed to be split into 2 shares with half the par value of the original previous mentioned value. This will allow the authorized share capital of the company to be equal to $50,000 with 1,000,000,000 ordinary shares.
    • as a unique resolution that the as of now compelling Second Amended and Restated Memorandum and Articles of Association of the Company be revised and rehashed by the complete cancellation and the replacement in their place of the Third Amended and Restated Memorandum and Articles of Association.

    These agendas had reached a resolution and approval from the shareholders present in the meeting and it was announced the same day as the meeting.

  • ‎26 stocks making the biggest moves premarket today

    ‎26 stocks making the biggest moves premarket today

    ‎Mereo BioPharma Group plc (MREO) stock plunged -7.78% to $3.32 in the pre-‎market trading after declaring collaboration and license agreement with Ultragenyx Pharmaceutical ‎Inc. (RARE), for Setrusumab in Osteogenesis Imperfecta.‎

    ‎Naked Brand Group Limited (NASDAQ: NAKD) shares are trading up ‎‎11.45% ‎at ‎‎$0.2044 at the time of writing. Company’s 52-week ranged between $0.07 to $3.70.‎

    ‎Exela Technologies Inc. (XELA) is down more than -9.79% at $0.4128 in pre-market ‎hours Monday December 21, 2020 following the announcement from the firm that it has entered into ‎a 5-year, $145 million term loan facility with Angelo Gordon, a global alternative investment firm. The ‎stock had jumped over 26.10% to $0.46 in the last trading session.‎

    ‎Zomedica Corp. (ZOM) tumbled over -5.22% at $0.1959 in pre-market trading today.‎

    Before the trading started on December 21, 2020, BlackBerry Limited (BB) is down -‎‎3.17% to reach $6.73 after releasing financial results for the three months ended November 30, 2020. It ‎has been trading in a 52-week range of $2.70 to $9.69.‎

    ‎General Electric Company (GE), a Specialty Industrial Machinery company, dropped ‎about -6.11% at $10.15 in pre-market trading Monday after announcing expiration and results of its ‎debt tender offers.‎

    ‎Phunware Inc. (PHUN) lost over -10.38% at $0.95 in pre-‎‎market ‎trading ‎Monday ‎December 21, 2020.‎

    ‎American Airlines Group Inc. (AAL) lost over -7.03% at $15.35 in pre-market trading ‎Monday December 21, 2020.‎

    Before the trading started on December 21, 2020, Carnival Corporation & Plc (CCL) is ‎down -9.79% to reach $19.36. It has been trading in a 52-week range of $7.80 to $51.94.‎

    ‎FuelCell Energy Inc. (FCEL) stock moved down -4.3 percent to $8.9 in the pre-‎market trading after declaring that state regulators have improperly rescinded RFP awards for three ‎fuel cell projects previously selected in the Shared Clean Energy Facility program, putting its state high ‎tech manufacturing job growth at risk.‎

    ‎Exicure Inc. (XCUR) stock soared 7.04% to $2.13 in the pre-‎‎market ‎trading. ‎The ‎most ‎recent rating by BMO Capital Markets, on December 18, 2020, is ‎an ‎Outperform.‎

    ‎Genius Brands International Inc. (GNUS), a Entertainment company, rose about ‎‎3.18% at $1.62 in pre-market trading Monday. The firm recently revealed that it has licensed streaming ‎and select video-on-demand rights to the hit family series, The Wubbulous World of Dr. Seuss (20 x ‎‎22’), from The Jim Henson Company on Kartoon Channel!‎

    ‎SolarWinds Corporation (NYSE: SWI) shares are trading ‎up ‎‎6.7% ‎at ‎‎$15.13 ‎at ‎the ‎time of writing. Company’s 52-week ranged between $11.50 ‎to ‎‎$24.34. ‎Analysts ‎have ‎a ‎consensus ‎price target of $26. ‎

    ‎Norwegian Cruise Line Holdings Ltd. (NCLH) lost over -10.01% at $22.66 in pre-‎market trading Monday December 21, 2020 after reporting that it has closed its previously announced ‎private offering of $850 million aggregate principal amount of its 5.875% senior notes due 2026 (the ‎‎“Notes”).‎

    Before the trading started on December 21, 2020, Nokia Corporation (NOK) is down ‎‎-5.25% to reach $3.79. The company recently declared that it has launched 5G services with Polkomtel, ‎operator of the Plus network, in the capital city of Warsaw as well as other major cities in the eastern ‎part of the country. It has been trading in a 52-week range of $2.34 to $5.14.‎

    ‎Corbus Pharmaceuticals Holdings Inc. (CRBP) is up more than 12.0% at $1.68 in pre-‎‎‎‎‎‎‎‎market hours Monday December 21, 2020. The stock had jumped ‎over ‎‎11.11% ‎to ‎‎$1.50 ‎in ‎the ‎last ‎trading session.‎

    ‎Schlumberger Limited (NYSE: SLB) shares are trading down -6.95% at $20.76 at the ‎time of writing. The firm will hold a conference call on January 22, 2021 to discuss the results for the ‎fourth quarter and full year ending December 31, 2020. Company’s 52-week ranged between $11.87 to ‎‎$41.14.‎

    ‎Exxon Mobil Corporation (NYSE: XOM) shares are trading down -5.27% ‎at ‎‎$40.48 ‎at ‎the time of writing. Company’s 52-week ranged between $30.11 to $71.37. Analysts ‎have ‎a ‎consensus ‎price target of $52.‎

    ‎Transocean Ltd. (RIG) is down more than -14.92% at $2.11 in pre-market hours ‎Monday December 21, 2020 after announcing successful court ruling granting its motion for summary ‎judgment and holding internal reorganization did not violate indenture. The stock had dropped over -‎‎3.50% to $2.48 in the last trading session.‎

    ‎Simon Property Group Inc. (SPG) tumbled over -5.07% at $81.1 in pre-market ‎trading today. The firm recently declared a common stock dividend for the fourth quarter 2020.‎
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    ‎Energy Transfer LP (ET), a Oil & Gas Midstream company, dropped about -‎‎‎‎5.9% ‎at ‎‎$6.38 in pre-market trading Monday.‎

    ‎Cinedigm Corp. (CIDM) stock moved up 4.11 percent to $0.798 in the pre-market ‎trading after revealing the launch of The Bob Ross Channel on the Roku platform.‎

    Before the trading started on December 21, 2020, Coty Inc. (COTY) is down -6.15% ‎to reach $6.56. The company lately reported two additions to its Board of Directors with the ‎appointments of Anna Adeola Makanju and Mariasun Aramburuzabala Larregui. It has been trading in ‎a 52-week range of $2.65 to $13.01.‎

    ‎JPMorgan Chase & Co. (JPM) gained over 2.24% at $121.75 in pre-‎‎‎‎market ‎trading ‎Monday December 21, 2020. ‎

    ‎Apache Corporation (NASDAQ: APA) shares are trading down -11.29% at $13.6 at ‎the time of writing after announcing the donation of more than 64,000 trees to 56 nonprofit partner ‎organizations through the annual Apache Tree Grant Program. Company’s 52-week ranged between ‎‎$3.80 to $33.77. Analysts have a consensus price target of $16.‎

  • What changed for these 31 stocks in Pre Market Session

    What changed for these 31 stocks in Pre Market Session

    Xenetic Biosciences Inc. (XBIO) stock plunged -15.46% to $2.68 in the pre-market trading following the company’s announcement of $6.0 million registered direct offering priced at-the-market under Nasdaq Rules. The most recent rating by Maxim Group, on January 08, 2020, is a Buy.
    Curis Inc. (CRIS), a Biotechnology company, dropped about -5.72% at $7.25 in pre-market trading Thursday after declaring the pricing of an underwritten public offering of 25,652,174 shares of its common stock at a public offering price of $5.75 per share for total gross proceeds of approximately $147.5 million.
    ZW Data Action Technologies Inc. (CNET) lost over -11.33% at $1.8 in pre-market trading Thursday December 10, 2020 after reporting the official opening of its first live streaming platform in Guangzhou, China.
    Genius Brands International Inc. (GNUS) is up more than 9.74% at $1.69 in pre-market hours Thursday December 10, 2020. The firm recently revealed that it will be presenting at the 13th Annual LD Micro investor conference on Tuesday, December 15th at 10:00 a.m. PST / 1:00 p.m. EST. The stock had dropped over -4.35% to $1.54 in the last trading session.
    Rocket Companies Inc. (RKT), a Mortgage Finance company, rose about 3.09% at $21.71 in pre-market trading Thursday following the release of Clear HOI platform from its subsidiary to mortgage lenders nationwide.
    Intec Pharma Ltd (NTEC) stock moved down -7.76 percent to $4.28 in the pre-market trading. Intec Pharma Announces Cannabinoid Research Collaboration with GW Pharma.
    Atossa Therapeutics Inc. (ATOS) gained over 2.31% at $0.8919 in pre-market trading Thursday December 10, 2020 after revealing cannabinoid research collaboration with GW Pharma.
    Nano Dimension Ltd. (NNDM) is up more than 2.25% at $6.82 in pre-market hours Thursday December 10, 2020 following the declaration from the company that it has closed the registered direct offering of 30,000,000 of the Company’s American Depositary Shares at a price of $6.00 per ADS. The stock had dropped over -6.06% to $6.67 in the last trading session.
    Before the trading started on December 10, 2020, Sorrento Therapeutics Inc. (SRNE) is down -2.44% to reach $8.01 following the FDA acceptance of its Investigational New Drug (IND) application for its Phase 1 clinical trials for intravenous (IV) STI-2020 (COVI-AMG). It has been trading in a 52-week range of $1.55 to $19.39.
    Genetic Technologies Limited (GENE) stock plunged -9.17% to $4.06 in the pre-market trading.
    Greenwich LifeSciences Inc. (GLSI) grew over 46.76% at $83.8 in pre-market trading today after reporting the publication of a poster for the GP2 Phase IIb clinical trial final efficacy analysis at the San Antonio Breast Cancer Symposium in a virtual format.
    Lipocine Inc. (LPCN), a Biotechnology company, dropped about -5.3% at $1.25 in pre-market trading Thursday after announcing that the U.S. Food and Drug Administration has granted tentative approval to TLANDO.
    SELLAS Life Sciences Group Inc. (SLS) stock moved up 51.8 percent to $9.7 in the pre-market trading. The biotechnology firm recently revealed exclusive license agreement with 3D Medicines for development and commercialization of Galinpepimut-S (GPS) and GPS+ in Greater China.
    Francesca’s Holdings Corporation (NASDAQ: FRAN) shares are trading down -10.68% at $2.51 at the time of writing after receiving court approval of “First Day” motions to support ongoing operations. Company’s 52-week ranged between $1.70 to $19.91. Analysts have a consensus price target of $2.50.
    Oncternal Therapeutics Inc. (ONCT) tumbled over -27.78% at $4.55 in pre-market trading today after announcing that the firm increased its previously declared bought deal to $75.0 million.
    Gran Tierra Energy Inc. (GTE) is down more than -2.83% at $0.35 in pre-market hours Thursday December 10, 2020. The company recently declared a financial update and the Company’s 2021 capital budget and production guidance. The stock had dropped over -5.68% to $0.36 in the last trading session.
    Before the trading started on December 10, 2020, Fisker Inc. (FSR) is down -4.04% to reach $16.15. The firm recently confirmed that it has signed agreements with Cox Automotive U.K. (“Cox”) and Rivus Fleet Solutions for delivery, servicing, fleet management and reselling programs in the United Kingdom. It has been trading in a 52-week range of $8.70 to $23.63.
    Immutep Limited (IMMP) stock soared 89.35% to $4.09 in the pre-market trading after declaring that its Chinese partner, EOC Pharma will commence a new Phase II clinical trial in up to 152 metastatic breast cancer patients in China. The most recent rating by B. Riley FBR, on September 28, 2018, is a Buy.
    Remark Holdings Inc. (MARK), a Internet Content & Information company, rose about 3.09% at $1.67 in pre-market trading Thursday after reporting that Remark’s KanKan AI business successfully released its edge computing systems, the S and T Series Smart Boxes.
    Baidu Inc. (BIDU) gained over 2.42% at $155.26 in pre-market trading Thursday December 10, 2020. The firm recently released new intelligent vehicle solutions for automakers and several high-end intelligent driving products during the second Apollo Ecosystem Conference.
    Before the trading started on December 10, 2020, Editas Medicine Inc. (EDIT) is up 9.13% to reach $55.2 after reporting submission of IND application for EDIT-301 with the FDA. It has been trading in a 52-week range of $14.01 to $43.65.
    Artelo Biosciences Inc. (ARTL) stock plunged -2.47% to $0.66 in the pre-market trading. The healthcare firm recently declared that it has filed a composition of matter patent application directed to a new solid dosage formulation, including its method of use, with the UK Patent Office.
    AquaBounty Technologies Inc. (NASDAQ: AQB) shares are trading down -17.07% at $7.19 at the time of writing following the selection of Innovasea as the Recirculating Aquaculture Systems (“RAS”) technology provider for its planned 10,000 metric ton farm. Company’s 52-week ranged between $1.52 to $11.40. Analysts have a consensus price target of $5.
    Pluristem Therapeutics Inc. (PSTI) lost over -5.57% at $6.61 in pre-market trading Thursday December 10, 2020 after declaring DMC recommendation following interim analysis of its phase III CLI study.
    Before the trading started on December 10, 2020, Veru Inc. (VERU) is up 25.96% to reach $4.9 after reporting that it has exclusively licensed worldwide rights to enobosarm, a late-stage oral novel androgen receptor (AR) targeting agent for the treatment of endocrine resistant ER+ HER2- metastatic breast cancer. It has been trading in a 52-week range of $2.10 to $4.74.
    Uranium Energy Corp. (AMEX: UEC) shares are trading down -4.32% at $1.33 at the time of writing. Company’s 52-week ranged between $0.35 to $1.59. Analysts have a consensus price target of $1.50.
    Boxlight Corporation (BOXL), a Communication Equipment company, rose about 7.23% at $1.78 in pre-market trading Thursday. The firm recently confirmed that they are the recipients of three THE Journal’s Best New EdTech Product Awards.
    Regulus Therapeutics Inc. (RGLS) stock moved up 19.34 percent to $1.07 in the pre-market trading. The company lately announced closing of $19.4 million private placement of equity.
    Before the trading started on December 10, 2020, Sea Limited (SE) is down -3.3% to reach $196.0 after reporting that it proposes to offer 11,000,000 American Depositary Shares, each representing one Class A ordinary share of the Company, in an underwritten public offering. It has been trading in a 52-week range of $35.61 to $207.51.
    Barclays PLC (NYSE: BCS) shares are trading down -3.85% at $7.5 at the time of writing. The firm recently revealed the launch of BARX Book for Equities, a new single-dealer platform developed in partnership with Nasdaq (Nasdaq: NDAQ). Company’s 52-week ranged between $3.41 to $10.22.
    Qualigen Therapeutics Inc. (QLGN) stock moved up 13.85 percent to $4.44 in the pre-market trading. The company recently announced board member Amy Broidrick as EVP, Chief Strategy Officer and named Sidney Emery, Jr. to its board.

  • Market Movers: What changed for these 45 stocks while you were sleeping

    Market Movers: What changed for these 45 stocks while you were sleeping

    Sundial Growers Inc. (SNDL) stock plunged -11.07% to $0.466 in the pre-market trading. The firm recently reported that it filed new shelf registration statement. The most recent rating by CIBC, on August 17, 2020, is a Neutral.
    Obalon Therapeutics Inc. (NASDAQ: OBLN) shares are trading down -10.87% at $2.05 at the time of writing. Company’s 52-week ranged between $0.62 to $2.14. Analysts have a consensus price target of $3.
    Eastman Kodak Company (KODK) stock moved up 7.14 percent to $12.9 in the pre-market trading after the company gets a clean chit from the U.S. government.
    American Airlines Group Inc. (AAL), a Airlines company, rose about 2.03% at $17.56 in pre-market trading Tuesday.
    Zomedica Corp. (ZOM) gained over 2.45% at $0.18 in pre-market trading Tuesday December 08, 2020 after reporting that, with the hiring of Debra Rock to lead the Company’s Marketing Department, its internal commercial leadership team is complete.
    Before the trading started on December 08, 2020, Tesla Inc. (TSLA) is down -0.35% to reach $639.5. It has been trading in a 52-week range of $65.45 to $607.80.
    Nano Dimension Ltd. (NNDM) is up more than 8.55% at $7.24 in pre-market hours Tuesday December 08, 2020 following the declaration of its Pricing $180 million registered direct offering. The stock had dropped over -10.35% to $6.67 in the last trading session.
    Apex Technology Acquisition Corporation (NASDAQ: APXT) shares are trading up 4.31% at $15.25 at the time of writing. Company’s 52-week ranged between $9.13 to $17.25.
    FuelCell Energy Inc. (FCEL) stock soared 2.55% to $8.03 in the pre-market trading. The firm recently reported completion of the previously announced underwritten public offering of 39,696,320 shares of its common stock. The most recent rating by JP Morgan, on November 19, 2020, is a Neutral.
    RMG Acquisition Corp. (RMG) gained over 3.24% at $17.2 in pre-market trading Tuesday December 08, 2020.
    BlackBerry Limited (NYSE: BB) shares are trading up 4.24% at $8.6 at the time of writing. The AI security provider recently declared that it will report results for the third quarter of fiscal year 2021 at 5:30 p.m. ET on Thursday, December 17, 2020. The Company’s 52-week ranged between $2.70 to $9.69.
    Kaixin Auto Holdings (KXIN) is up more than 6.9% at $4.65 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -11.22% to $4.35 in the last trading session.
    XPeng Inc. (XPEV) gained over 2.19% at $49.36 in pre-market trading Tuesday December 08, 2020 after declaring that it intends to offer and sell 40,000,000 American Depositary Shares.
    Ideanomics Inc. (IDEX) is up more than 9.66% at $2.27 in pre-market hours Tuesday December 08, 2020. The stock had jumped over 2.48% to $2.07 in the last trading session.
    HEXO Corp. (HEXO) stock plunged -4.95% to $0.96 in the pre-market trading following the proclamation of downward revision to its proposed share consolidation ratio. The most recent rating by Cantor Fitzgerald, on July 22, 2020, is a Neutral.
    Before the trading started on December 08, 2020, Li Auto Inc. (LI) is up 3.21% to reach $32.5. It has been trading in a 52-week range of $14.31 to $47.70.
    Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 7.18% at $9.1 at the time of writing. The firm recently issued chairman’s letter to shareholders. Company’s 52-week ranged between $2.17 to $17.45.
    Virgin Galactic Holdings Inc. (SPCE), a Aerospace & Defense company, rose about 6.12% at $35.87 in pre-market trading Tuesday.
    Moderna Inc. (MRNA) grew over 3.44% at $165.01 in pre-market trading today after reporting that Canada exercises increased option for total of 40 million doses of mRNA vaccine candidate against COVID-19 (mRNA-1273).
    Platinum Group Metals Ltd. (PLG) is up more than 17.21% at $4.7 in pre-market hours Tuesday December 08, 2020. The stock had jumped over 29.35% to $4.01 in the last trading session.
    United Microelectronics Corporation (NYSE: UMC) shares are trading up 1.22% at $9.15 at the time of writing following the declaration of its unaudited net sales for the month of November 2020. Company’s 52-week ranged between $2.10 to $8.96.
    Energy Fuels Inc. (UUUU) stock soared 6.32% to $3.03 in the pre-market trading. The most recent rating by Noble Capital Markets, on May 13, 2019, is a Market perform.
    ToughBuilt Industries Inc. (TBLT), a Tools & Accessories company, dropped about -10.84% at $0.7356 in pre-market trading Tuesday after reporting the launch 14 new tool organization SKUs at LOWE’S nationwide.
    IZEA Worldwide Inc. (NASDAQ: IZEA) shares are trading down -6.68% at $0.885 at the time of writing. Company’s 52-week ranged between $0.07 to $3.13.
    Gran Tierra Energy Inc. (GTE) gained over 64.15% at $0.5 in pre-market trading Tuesday December 08, 2020 following the publication of a financial update and the Company’s 2021 capital budget and production guidance.
    Electrameccanica Vehicles Corp. (SOLO) gained over 4.15% at $7.78 in pre-market trading Tuesday December 08, 2020.
    Before the trading started on December 08, 2020, iBio Inc. (IBIO) is down -8.67% to reach $1.37 after revealing an underwritten public offering of its common stock. It has been trading in a 52-week range of $0.19 to $7.45.
    Cinedigm Corp. (CIDM) is down more than -2.34% at $0.671 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -1.63% to $0.69 in the last trading session.
    CBAK Energy Technology Inc. (CBAT), a Electrical Equipment & Parts company, rose about 8.98% at $7.04 in pre-market trading Tuesday after declaring that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD signed a joint development agreement with Wuxi Lead Intelligent Equipment Co., Ltd..
    Before the trading started on December 08, 2020, Torchlight Energy Resources Inc. (TRCH) is up 2.99% to reach $0.69. It has been trading in a 52-week range of $0.21 to $1.09.
    Before the trading started on December 08, 2020, Sumo Logic Inc. (SUMO) is up 5.43% to reach $26.0 after releasing financial results for the third quarter of its fiscal 2021, ended October 31, 2020. It has been trading in a 52-week range of $16.71 to $30.29.
    QEP Resources Inc. (QEP) is up more than 5.63% at $2.25 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -1.39% to $2.13 in the last trading session.
    ON Semiconductor Corporation (NASDAQ: ON) shares are trading up 4.63% at $31.99 at the time of writing. The firm lately revealed that Hassane El-Khoury has been named as the company’s president, chief executive officer and member of its board of directors. Company’s 52-week ranged between $8.17 to $30.04.
    Uranium Energy Corp. (UEC) stock soared 11.89% to $1.6 in the pre-market trading. The most recent rating by Canaccord Genuity, on October 14, 2020, is a Speculative buy.
    Stitch Fix Inc. (SFIX) gained over 33.27% at $47.75 in pre-market trading Tuesday December 08, 2020 following the releaseof its financial results for the first quarter of fiscal year 2021 ended October 31, 2020
    Switchback Energy Acquisition Corporation (SBE) grew over 1.76% at $37.01 in pre-market trading today.
    Stealth BioTherapeutics Corp (MITO) is down more than -1.34% at $1.47 in pre-market hours Tuesday December 08, 2020 after announcing appointment of Eve E. Slater, M.D., F.A.C.C. to its Board of Directors. The stock had jumped over 14.62% to $1.49 in the last trading session.
    Gevo Inc. (GEVO) grew over 3.59% at $1.73 in pre-market trading today.
    Before the trading started on December 08, 2020, Trillium Therapeutics Inc. (TRIL) is down -5.29% to reach $14.51 after presenting at the American Society of Hematology (ASH) Annual Meeting, taking place virtually from December 5-8, 2020. It has been trading in a 52-week range of $0.29 to $20.96.
    Lizhi Inc. (LIZI) stock moved up 2.11 percent to $3.88 in the pre-market trading.
    Dare Bioscience Inc. (DARE) stock soared 5.26% to $1.4 in the pre-market trading after declaring positive topline results from DARE-BVFREE, a Phase 3 trial of DARE-BV1 in patients diagnosed with bacterial vaginosis.
    Top Ships Inc. (TOPS) gained over 6.04% at $1.58 in pre-market trading Tuesday December 08, 2020.
    Westwater Resources Inc. (WWR) grew over 1.37% at $5.94 in pre-market trading today following update on pilot plant operations provided by company.
    InterPrivate Acquisition Corp. (IPV) stock moved up 5.25 percent to $15.03 in the pre-market trading.
    Before the trading started on December 08, 2020, Futu Holdings Limited (FUTU) is up 2.41% to reach $43.31 following the announcement of agreement to purchase shares by a leading global investment firm. It has been trading in a 52-week range of $8.16 to $51.10.

  • 10 Trending Stocks In Shell Companies Industry

    10 Trending Stocks In Shell Companies Industry

    Shell companies include those organizations which are only acting as a transactional vehicle for a variety of firms and for various purposes. Some companies are providing financing channels to its customers through its partnership with financial institutions. These firms are also offering value-added services to its customers, including insurance, extended warranties, and after-sales services.

    In Shell Companies, some are offering services such as a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Some of the leading companies in this industry are as follows. Check out these companies to see how they are providing the best services to their customers:

    DraftKings Inc. (NASDAQ: DKNG)

    DraftKings Inc. (NASDAQ: DKNG) last closed at $44.58, in a 52-week range of $9.85 to $64.19. Analysts have a consensus price target of $57.32. DraftKings Inc. (DKNG) has disclosed that it is scheduled to release its third-quarter 2020 results prior to 8:30 AM EST on November 13, 2020. DraftKings Inc.’s market cap has remained high, hitting $17.11 billion at the time of writing.

    Spartan Energy Acquisition Corp. (NYSE: SPAQ)

    Spartan Energy Acquisition Corp. (NYSE: SPAQ) stock drop by -4.25% to $12.85. Spartan Energy Acquisition Corp. (SPAQ) and Fisker Inc. have earlier disclosed that the Special Meeting of Stockholders of Spartan to approve the pending business combination between Spartan and Fisker is scheduled to be held on Wednesday, October 28, 2020. Spartan Energy Acquisition Corp. market cap has remained high, hitting $709.32 million at the time of writing.

    CC Neuberger Principal Holdings (NYSE: PCPL)

    CC Neuberger Principal Holdings (NYSE: PCPL) stock soar by 0.86% to 10.53. WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CC Neuberger Principal Holdings in connection with the Company’s proposed merger with E2open Holdings, LLC. CC Neuberger Principal Holdings (PCPL) has a total market capitalization of $435.94 million at the time of writing.

    Replay Acquisition Corp. (NYSE: RPLA)

    Replay Acquisition Corp. (NYSE: RPLA) shares headed falling, lower as much as 0.00%. Finance of America Equity Capital LLC and Replay Acquisition Corp. has earlier announced that both companies have agreed to a business combination that will result in Finance of America becoming a publicly listed company. Replay Acquisition Corp. has a total market capitalization of $364.77 million.

    Social Capital Hedosophia Holdings Corp. (NYSE: IPOC)

    Social Capital Hedosophia Holdings Corp. (NYSE: IPOC) last closed at 10.64, in a 52-week range of $10.07 to $13.35. WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Social Capital Hedosophia Holdings Corp IIIin connection with the Company’s proposed merger with privately-held healthcare company Clover Health Investments, Corp.

    Kaixin Auto Holdings (NASDAQ: KXIN)

    Kaixin Auto Holdings (NASDAQ: KXIN) shares were trading up 293.72% at $8.15 at the time of writing on Monday. Kaixin Auto Holdings (NASDAQ: KXIN) share price went from a low point around $0.40 to briefly over $4.50 in the past 52 weeks, though shares have since pulled back to $8.15. Kaixin Auto Holdings (KXIN) market cap has remained high, hitting $316.55M at the time of writing, giving it a price-to-sales ratio of more than 0.

    Social Capital Hedosophia Holdings Corp. II (NYSE: IPOB)

    Social Capital Hedosophia Holdings Corp. II (NYSE: IPOB) shares headed falling, lower as much as -6.85%. Social Capital Hedosophia Holdings Corp. II (IPOB) share price went from a low point around $10.55 to briefly over $27.00 in the past 52 weeks, though shares have since pulled back to $21.34. Social Capital Hedosophia Holdings Corp. II market cap has remained high, hitting $1.15 billion at the time of writing.

    Churchill Capital Corp. (NYSE: CCX)

    Churchill Capital Corp. (NYSE: CCX) rose 0.20% after gaining more than $0.02 on Monday. Churchill Capital Corp. (CCX) share price went from a low point around $9.25 to briefly over $11.99 in the past 52 weeks, though shares have since pulled back to $10.02. Churchill Capital Corp. market cap has remained high, hitting $864.23 million at the time of writing.

    Switchback Energy Acquisition Corporation (NYSE: SBE)

    Switchback Energy Acquisition Corporation (NYSE: SBE) last closed at $16.09, in a 52-week range of $9.38 to $16.45. Switchback Energy Acquisition Corporation (SBE) has moved up 71.54% from its 52-weeks low and moved down -2.19% from its 52-weeks high. It has a total market capitalization of $505.42 million.

    Flying Eagle Acquisition Corp. (NYSE: FEAC)

    Flying Eagle Acquisition Corp. (NYSE: FEAC) rose 1.76% after gaining more than 0.24 on Monday. Flying Eagle Acquisition Corp. (FEAC) share price went from a low point around $9.81 to briefly over $14.70 in the past 52 weeks, though shares have since pulled back to $13.85.  Flying Eagle Acquisition Corp. market cap has remained high, hitting $955.65 million at the time of writing.