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Tag: LIZHI

  • How Is The LIZI Stock Rocketing In The Premarket Session?

    How Is The LIZI Stock Rocketing In The Premarket Session?

    During Friday’s premarket session, Lizhi Inc. (LIZI) shares grew 20.18% to $6.67. Lizhi stock ended last session at $5.55 after gaining 5.31%. There were 0.56 million shares traded for LIZI stock, below the average daily trading volume of 3.65 million shares over the last 50 days.

    In the last five days, LIZI shares have declined -4.80%; however, in the last month, they have lost -11.20%. The stock price of LIZI has gained 43.04 percent so far this year despite falling by -18.38% over the past three months.  Since the announcement that Lizi has partnered with an automotive technology company, Lizi stock has been surging.

    Who has LIZI partnered with?

    With Lizhi’s global presence, they have built an audio ecosystem composed of audio-centric social networks, podcast profiles, and audio community sites. The LIZI product portfolio aims to foster closer connections between people through sharing their voices. As users’ interest in social interactions in real time online grows, Lizhi provides an audio-based social networking product offering, including the TIYA App. Through LIZI’s app, users can also chat, share stories, connect with friends who have similar interests, and connect with friends online. Since January 2020, LIZI has been listed on Nasdaq.

    A partnership between Lizhi and Xinghe Zhilian Automotive Technology Co., Ltd. (“Xinghe Zhilian”) will see LIZI audio products integrated into Xinghe Zhilian’s in-car communication and entertainment network, LIZI announced in a press release today.

    • LIZI hopes to expand the application of its audio products to vehicle scenarios by collaborating with Xinghe Zhilian.
    • Through the joint partnership, LIZI’s audio technology will be further applied to vehicles through Xinghe Zhilian and its network of connected vehicles.
    • The partnership may also enable LIZI to make inroads into the field of in-car audio and reach a broader audience with its extensive podcast content and immersive audio experiences.

    LIZI’s previous similar move:

    Currently, Lizhi Inc. and Li Auto Inc. are working together on integrating Lizhi Podcast (also known as Lizhi Boke in China) into Li Auto’s vehicles. This year’s third quarter will see LIZI Podcast available in vehicles powered by Li Auto. Embedding LIZI’s vertical podcast in Li Auto vehicles will result in Lizhi Podcast being embedded in Li Auto vehicles.

    Lizhi Podcast offers access to LIZI’s existing extensive library of audio content, as well as a variety of original podcast content from industry thought leaders. In addition to gaining new audiences for its quality content, Lizhi Podcasts will continue to improve car audio experience by combining Li Auto’s technology expertise with Lizhi Podcasts.

  • Lizhi Inc. (LIZI) stock price has soared 489.23% higher than its 52 week low. Here’s what happened

    Lizhi Inc. (LIZI) stock price has soared 489.23% higher than its 52 week low. Here’s what happened

    LIZI stock price surged up to 489.23% higher over the lowest price of the stock set at $1.95 in a 52-week range. However, the current price level was31.40% lower as a Class Action lawsuit had been filed against LIZI alleging that the company’s registration statement produced misleading declarations and had inadequate disclosure of information. Most investors were encouraged to contact litigation firms for financial compensation.

    However, Lizhi Inc. Quarterly revenue increased by 15% to a staggering $64.4 million. This happened as the estimated number of monthly users of LIZIclimbed from 51.9 million to approximately 58.4 million. LIZI share price had risen up to 31% after the release of the quarterly report. For the full 12 months, revenue increased 27% to $230.3 million, bringing the market capitalization of the company to a whopping $428.96M.

    Will LIZI be successful in remaining competitive?

    The Chinese entertainment company operates audio-based social networks, podcast portfolios, and several audio communities as well as working through a cross-border audio ecosystem. With over 58M regular users, LIZI has also released an ad notifying its users about its expansion into online dating.

    Furthermore, LIZI has revealed that it is working together with ECARX, a dominant automotive intelligence company. Hence further diversifying its portfolio and becoming a major stake holder in several lucrative markets.

    Conclusion:

    LIZI operates in the remunerative field of audio based social networks, automotive software as well as online dating. Its long-term revenue growth and an increasing number of average daily users have proven to anticipate great sales, however recent disapproval by certain investors and litigation problems have plummeted LIZI stocks substantially.

  • What changed for these 49 stocks in Pre Market Session

    What changed for these 49 stocks in Pre Market Session

    Lizhi Inc. (LIZI) stock plunged -8.14% to $4.4 in the pre-market trading after reporting that it entered in-car audio collaboration with Xpeng Motors. The most recent rating by Citigroup, on February 18, 2020, is a Buy.
    American Airlines Group Inc. (NASDAQ: AAL) shares are trading up 4.72% at $16.85 at the time of writing. Company’s 52-week ranged between $8.25 to $30.78.
    FuelCell Energy Inc. (FCEL) is up more than 5.01% at $7.75 in pre-market hours Friday December 04, 2020. The firm recently declared the pricing of its underwritten public offering of 34,518,539 shares of its common stock, at a public offering price of $6.50 per share. The stock had jumped over 1.93% to $7.38 in the last trading session.
    Before the trading started on December 04, 2020, AMC Entertainment Holdings Inc. (AMC) is up 5.51% to reach $3.83. It has been trading in a 52-week range of $1.95 to $8.78.
    Cinemark Holdings Inc. (CNK) stock soared 6.02% to $14.1 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
    Iterum Therapeutics plc (ITRM), a Biotechnology company, dropped about -3.8% at $0.809 in pre-market trading Friday.
    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) shares are trading up 3.7% at $26.36 at the time of writing following its announcement extension of suspension of voyages. Company’s 52-week ranged between $7.03 to $59.78. Analysts have a consensus price target of $26.
    Before the trading started on December 04, 2020, Jaguar Health Inc. (JAGX) is up 7.84% to reach $0.399. It has been trading in a 52-week range of $0.19 to $1.08.
    Transocean Ltd. (RIG), a Oil & Gas Drilling company, rose about 4.43% at $2.12 in pre-market trading Friday after declaring amendments to certain financing documents and internal reorganization transactions to resolve allegations contained in purported notices of default.
    Novan Inc. (NOVN) stock soared 19.92% to $0.67 in the pre-market trading. The most recent rating by Piper Jaffray, on January 06, 2020, is a Neutral.
    Li Auto Inc. (LI) lost over -2.48% at $31.51 in pre-market trading Friday December 04, 2020 following declaration its pricing of follow-on public offering of American depositary shares.
    Southwestern Energy Company (NYSE: SWN) shares are trading up 2.13% at $2.88 at the time of writing. Company’s 52-week ranged between $1.06 to $3.90. Analysts have a consensus price target of $2.40.
    Occidental Petroleum (OXY) is up more than 3.23% at $16.92 in pre-market hours Friday December 04, 2020. The company recently reported the release of its 2020 Climate Report, which provides a pathway detailing milestones to achieve its net-zero aspirations. The stock had jumped over 3.15% to $16.39 in the last trading session.
    Torchlight Energy Resources Inc. (TRCH) is up more than 6.9% at $0.48 in pre-market hours Friday December 04, 2020. The stock had jumped over 15.13% to $0.45 in the last trading session.
    TransGlobe Energy (TGA) grew over 2.82% at $0.659 in pre-market trading today following its agreement to merge, extend and modernize its eastern Desert concessions.
    Before the trading started on December 04, 2020, Catabasis Pharmaceuticals Inc. (CATB) is up 2.07% to reach $1.97. It has been trading in a 52-week range of $1.25 to $8.59.
    Inovio Pharmaceuticals Inc. (INO) stock moved up 8.07 percent to $13.53 in the pre-market trading after declaring the execution of an agreement with Kaneka Eurogentec S.A., for Eurogentec to manufacture INOVIO’s COVID-19 vaccine candidate INO-4800 at their industry-leading GMP plasmid production scales.
    Clovis Oncology Inc. (CLVS) is down more than -4.81% at $5.15 in pre-market hours Friday December 04, 2020. The stock had jumped over 11.09% to $5.41 in the last trading session.
    Cinedigm Corp. (CIDM) gained over 71.43% at $0.96 in pre-market trading Friday December 04, 2020 after reporting that its eight additional linear streaming channels are now Available on Rad’s fast-growing global streaming platform.
    Onconova Therapeutics Inc. (ONTX) stock plunged -1.9% to $0.3143 in the pre-market trading. The most recent rating by H.C. Wainwright, on March 01, 2018, is a Buy.
    Marvell Technology Group Ltd. (MRVL) stock plunged -5.1% to $43.2 in the pre-market trading after announcing a quarterly dividend of $0.06 per share of common stock payable on January 14, 2021 to shareholders of record as of December 23, 2020. The most recent rating by Craig Hallum, on October 30, 2020, is a Buy.
    QEP Resources Inc. (QEP) stock soared 5.0% to $2.1 in the pre-market trading. The most recent rating by JP Morgan, on July 20, 2020, is a Neutral.
    Arlo Technologies Inc. (NYSE: ARLO) shares are trading up 3.09% at $7.0 at the time of writing. The company recently revealed that Matthew McRae, CEO, and Gordon Mattingly, CFO, will present at the Raymond James Virtual Technology Investors Conference on Tuesday, December 8, 2020. Company’s 52-week ranged between $1.20 to $7.75. Analysts have a consensus price target of $6.
    Before the trading started on December 04, 2020, Nxt-ID Inc. (NXTD) is down -3.91% to reach $0.41. It has been trading in a 52-week range of $0.21 to $0.89.
    Halliburton Company (HAL) gained over 3.66% at $18.68 in pre-market trading Friday December 04, 2020 following its deal with Accenture (ACN), to accelerate Halliburton’s digital supply chain transformation and support digitalization within the Company’s manufacturing function.
    United Microelectronics (UMC) stock soared 10.32% to $8.55 in the pre-market trading. The most recent rating by Credit Suisse, on October 12, 2020, is an Outperform.
    Before the trading started on December 04, 2020, Cloudera Inc. (CLDR) is up 14.85% to reach $13.3 after reporting results for its third quarter of fiscal 2021, ended October 31, 2020. It has been trading in a 52-week range of $4.76 to $14.20.
    Before the trading started on December 04, 2020, Isoray Inc. (ISR) is down -4.92% to reach $0.47. It has been trading in a 52-week range of $0.35 to $1.06.
    iBio Inc. (AMEX: IBIO) shares are trading down -0.66% at $1.51 at the time of writing. The firm recently reported an agreement with Belgium-based ATB Therapeutics to produce its bioengineered antibody-toxin fusion proteins using iBio’s FastPharming® System. Company’s 52-week ranged between $0.14 to $7.45. Analysts have a consensus price target of $2.55.
    Centennial Resource Development Inc. (CDEV) stock soared 3.13% to $1.32 in the pre-market trading. The most recent rating by MKM Partners, on November 30, 2020, is a Neutral.
    BioCryst Pharmaceuticals Inc. (BCRX) is up more than 24.44% at $6.39 in pre-market hours Friday December 04, 2020 following the FDA Approval of ORLADEYO™ (berotralstat), First Oral, Once-daily Therapy to prevent attacks in Hereditary Angioedema patients. The stock had jumped over 1.88% to $5.14 in the last trading session.
    Borr Drilling Limited (BORR) is up more than 6.86% at $0.854 in pre-market hours Friday December 04, 2020. The stock had dropped over -1.78% to $0.80 in the last trading session.
    Before the trading started on December 04, 2020, Blink Charging Co. (BLNK) is up 4.14% to reach $23.64 after declaring an agreement with JSC Management Group, a large Burger King franchisee, to deploy numerous EV charging stations at key Burger King locations across the Northeast. It has been trading in a 52-week range of $1.25 to $34.67.
    Banco Santander S.A. (SAN) grew over 3.74% at $3.33 in pre-market trading today.
    Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 2.98% at $8.3 at the time of writing. Company’s 52-week ranged between $2.17 to $17.45.
    InVivo Therapeutics Holdings Corp. (NVIV) lost over -4.67% at $0.6101 in pre-market trading Friday December 04, 2020.
    Aehr Test Systems (AEHR), a Semiconductor Equipment & Materials company, dropped about -8.74% at $1.88 in pre-market trading Friday after receiving $4.3 million order for initial FOX-XP™ test cell for production test of mobile sensor devices.
    ICICI Bank Limited (IBN) grew over 4.48% at $13.75 in pre-market trading today.
    NanoVibronix Inc. (NAOV) stock moved down -7.96 percent to $1.04 in the pre-market trading following the announcement of $6.0 million private placement.
    DocuSign Inc. (DOCU), a Software – Application company, rose about 4.43% at $241.25 in pre-market trading Friday.
    Dada Nexus Limited (DADA) is up more than 4.4% at $47.2 in pre-market hours Friday December 04, 2020 after reporting that Dada Now has partnered with dozens of cake chain brands across China, doubling the number of cooperating stores year-over-year as of November 2020. The stock had dropped over -15.65% to $45.21 in the last trading session.
    Salarius Pharmaceuticals Inc. (SLRX) stock moved up 1.85 percent to $1.1 in the pre-market trading.
    Auris Medical Holding Ltd. (NASDAQ: EARS) shares are trading down -3.23% at $3.3 at the time of writing after it pricing $8,000,000 common shares offering priced at-the-market. Company’s 52-week ranged between $0.65 to $6.60. Analysts have a consensus price target of $2.50.
    Acasti Pharma Inc. (ACST) lost over -2.94% at $0.33 in pre-market trading Friday December 04, 2020.
    Micro Focus International plc (MFGP) is up more than 6.3% at $6.07 in pre-market hours Friday December 04, 2020. The firm recently declared the findings of its ‘Endless Modernization’ research with Standish Group. The stock had jumped over 14.66% to $5.71 in the last trading session.
    BP p.l.c. (BP), a Oil & Gas Integrated company, rose about 4.54% at $22.33 in pre-market trading Friday.
    Tantech Holdings Ltd (NASDAQ: TANH) shares are trading up 4.27% at $1.71 at the time of writing after announcing the launch by its subsidiary, Shangchi Automobile Co., Ltd. (“Shangchi Automobile”), of its newest highly innovative driverless and autonomous street sweeper. Company’s 52-week ranged between $0.81 to $3.65.
    Trine Acquisition Corp. (TRNE) gained over 7.05% at $15.49 in pre-market trading Friday December 04, 2020.
    Enlivex Therapeutics Ltd. (ENLV) grew over 5.26% at $12.0 in pre-market trading today after reporting positive interim results of an investigator-initiated Phase II clinical trial evaluating AllocetraTM in severe and critical COVID-19 patients.

  • LIZHI INC. (NASDAQ: LIZI) stock buzzing with joy after partnership announcement

    LIZHI INC. (NASDAQ: LIZI) stock buzzing with joy after partnership announcement

    LIZHI INC. (NASDAQ: LIZI) shares are booming in the early trading today following the revelation of a partnership with Xpeng Motors to incorporate the in-car audio content product of LIZHI into the intelligent in-car operating system of Xpeng Motors. The brand was launched this week.

    This partnership marks another crucial move forward for LIZHI to take advantage of its extensive catalog of content, leading-edge technology, and great organizational skills in audio-centric consumer communities. Besides, it reaffirms LIZHI’s exploration of diversified market models by tapping into the broad market for diverse usage cases for in-car audio entertainment services. LIZHI will aim to enrich the customized driving experience for Xpeng Smart EV users through seamless communication.

    The partnership tries to enhance both parties’ complementary capabilities and looks for a win-win scenario. Under the alliance, LIZHI may make its premium service offerings and AI-enabled content discovery, and recommendation framework available to the growing customer base of Xpeng Motors made up of tech-savvy middle-class customers.