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CCG

Cheche Group Inc.

https://www.chechegroup.com

Industry

Internet Content & Information

Cheche Group Inc. operates an online auto insurance platform. It offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services. The company was founded in 2014 and is headquartered in Beijing, China. Cheche Group Inc. operates as a subsidiary of Prime Impact Cayman, LLC.

Open

1.00

Mkt cap

74M

Volume

399K

High

1.00

P/E Ratio

1.66

52-wk high

4.94

Low

0.96

Div yield

N/A

52-wk low

0.56

Several stocks experienced significant price movements in Friday's mid-day session. MicroAlgo Inc. (MLGO) shares jumped 74% after unveiling a new algorithm to boost research institutions' performance. Lifezone Metals Limited (LZM) reported a H1 loss of $16.77 per share but still gained 27.4%. Mondee Holdings, Inc. (MOND) approved a $30 million share repurchase program, causing its shares to rise by 20%. On the other hand, Neptune Wellness Solutions Inc. (NEPT) shares dipped 45.7% after announcing a $4.5 million public offering. Flux Power Holdings, Inc. (FLUX) fell 15.1% following weaker-than-expected quarterly sales.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 6:22 pm

Several US stocks traded higher on Friday, with notable gains recorded by Lifezone Metals Limited, Cheche Group Inc., Anterix Inc., Canopy Growth Corporation, Amprius Technologies, Inc., Kingsoft Cloud Holdings Limited, indie Semiconductor, Inc., UP Fintech Holding Limited, Alector, Inc., Beneficient, Standard Lithium Ltd., Alibaba Group Holding Limited, and Applied Digital Corporation. Factors contributing to the gains include business combinations, successful collaborations, share repurchase programs, stock offerings, and upcoming stock exchange debuts.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 2:46 pm

US stocks traded slightly higher with the Nasdaq Composite gaining around 50 points. The S&P Global manufacturing PMI rose to 48.9 in September from 47.9 in the prior month, beating market estimates of 48. MicroAlgo Inc. (NASDAQ:MLGO), Cheche Group Inc. (NASDAQ:CCG), and Avalo Therapeutics, Inc. (NASDAQ:AVTX) saw significant gains, while Neptune Wellness Solutions Inc. (NASDAQ:NEPT), Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS), and FLJ Group Limited (NASDAQ:FLJ) experienced drops.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 2:22 pm

Cheche Group's shares are experiencing increased volatility following its business combination with Prime Impact Acquisition I. The company also announced a successful, ongoing collaboration with Li Auto.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 1:26 pm

Cheche Group is driving growth through collaboration with top NEV players, including Li Auto. The company's leadership in the digitization of auto insurance has been recognized in a recent iResearch report.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 12:02 pm

Several stocks including Scholastic Corporation, Pharming Group N.V., American Oncology Network Inc, Cheche Group Inc., ING Groep N.V., PureCycle Technologies, Inc., and Eos Energy Enterprises, Inc. are moving lower in Friday's pre-market session. Scholastic reported downbeat Q1 results, while ING Groep announced the sale of its 85% stake in fintech subsidiary, Cobase.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 10:02 am

The article reports on the stock movements in Thursday's mid-day session. Notable gainers include MSP Recovery, Near Intelligence, Murphy Canyon Acquisition, TradeUP Acquisition, Neptune Wellness, Inspire Veterinary Partners, Splunk, Solowin Holdings, AgriFORCE Growing Systems, Movella Holdings, Safe & Green Holdings, The Dixie Group, Calliditas Therapeutics, Applied Molecular Transport, Ainos, and Exscientia. Notable losers include Travere Therapeutics, Seelos Therapeutics, QuantaSing Group, Cazoo Group, Cheche Group, Comera Life Sciences, Mondee Holdings, TKO Group Holdings, Opendoor Technologies, TransCode Therapeutics, LanzaTech Global, WM Technology, CF Acquisition, WW International, ZipRecruiter, 36Kr Holdings, Evotec, Avinger, fuboTV, Affirm Holdings, Charles River Laboratories, Elutia, and Broadcom.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 5:16 pm

Cheche Group, Inc. (NASDAQ:CCG) shares are moving lower on Thursday, continuing the downward trend after recording massive gains on Monday. The stock has been selling off as traders take profits and trading volume decreases. Shares of CCG are now trading at $12.43, near the stock's all-time low of $11.47.

Portfolio Pulse from Erica Kollmann

September 21, 2023 | 4:39 pm

Several US stocks traded lower in Thursday's pre-market session. Broadcom Inc. shares declined 7.1% following reports that Google is replacing Broadcom chips with those from Marvell Technology. Other stocks recording losses include Travere Therapeutics, Nayax Ltd, Cheche Group Inc., Uranium Energy Corp., C3.ai, Inc., VMware, Inc., and KB Home, despite the latter reporting upbeat earnings and sales results for its third quarter and increasing the full-year 2023 housing revenue forecast.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 11:05 am

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers were MSP Recovery, Digital Transformation Opportunities Corp., Bluejay Diagnostics, Fresh Tracks Therapeutics, and AgriFORCE Growing Systems. Among the losers were Seelos Therapeutics, ARS Pharmaceuticals, Connexa Sports Technologies, Molekule Group, and IceCure Medical.

Portfolio Pulse from Lisa Levin

September 20, 2023 | 6:10 pm

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