Streetbeat News

Chindata Group Holdings Ltd

https://www.chindatagroup.com/

CEO

Huapeng Wu

Employees

Industry

Securities Brokerage

chindata group holdings limited provides carrier-neutral hyper scale data center solutions in china, india, and southeast asia markets. it offers colocation and managed, energy procurement and transmission, infrastructure, and it and network services. the company was formerly known as bcpe bridge stack limited and changed its name to chindata group holdings limited in april 2020. chindata group holdings limited was founded in 2015 and is headquartered in beijing, china.

Open

8.57

Mkt cap

3.1B

Volume

11M

High

8.60

P/E Ratio

26.41

52-wk high

9.44

Low

8.37

Div yield

N/A

52-wk low

4.86

Chindata shares are trading higher after the company announced the formation of a special committee to evaluate the recent non-binding proposal.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 2:40 pm

The article lists the top 5 overbought tech stocks in Q2, including Yext, Semtech Corporation, Novonix Limited, Cambium Networks Corporation, and Chindata Group Holdings Limited. These stocks have high RSI values, indicating they may be overvalued and present an opportunity to go short.

Portfolio Pulse from Lisa Levin

June 08, 2023 | 1:02 pm

Chindata Group has announced the formation of a special committee to evaluate and consider the non-binding proposal received on June 6.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 11:04 am

Couchbase shares fell by around 19% after the company posted Q1 earnings and issued a weak Q2 sales forecast. Other stocks that moved in Wednesday's mid-day session include Mobiquity Technologies, Farmer Bros., Yext, Stitch Fix, and Dave & Buster's Entertainment, among others.

Portfolio Pulse from Lisa Levin

June 07, 2023 | 6:03 pm

During Wednesday's intraday session, several IT stocks experienced significant price movements. Gainers included Yext, NOVONIX, Saverone 2014, ClearSign Technologies, Rubicon Technologies, and Chindata Group Holdings. Losers included Couchbase, AppLovin, UTime, Sonic Foundry, Rigetti Computing, and MariaDB.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 5:31 pm

Chindata Group Holding has received a preliminary non-binding going private proposal for $8 per share, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 3:33 pm

Chindata Group Holdings Limited (NASDAQ:CD) shares surged by 14% after receiving a take-private offer from Bain Capital, valuing the company at $2.93 billion. The offer represents a 27% premium to the last closing price. Bain Capital already owns a 42.2% stake in Chindata.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2023 | 2:58 pm

In Wednesday's pre-market session, several IT stocks experienced significant price movements. Gainers included Saverone 2014, Yext, Chindata Group Holdings, NOVONIX, Research Frontiers, and WM Tech. Losers included Couchbase, Tingo Group, Soluna Holdings, Cipher Mining, Presto Automation, and Argo Blockchain.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 1:06 pm

Capri Holdings shares dropped 10.8% following Q4 results, with the company projecting lower-than-expected Q1 revenue and EPS. Other stocks experienced significant price movements during Wednesday's mid-day session, with gainers including Aridis Pharmaceuticals, Bluejay Diagnostics, and VIQ Solutions, while losers included QualTek Services, Belite Bio, and Advance Auto Parts.

Portfolio Pulse from Lisa Levin

May 31, 2023 | 5:04 pm

Chindata Group Holdings reported a YoY increase in Q1 adjusted EPADS and sales results, leading to a rise in its share price. The company also raised its FY23 adjusted EBITDA guidance.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 3:49 pm

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