Streetbeat News

CJET

Chijet Motor Company, Inc.

https://www.chijetmotors.com

Industry

Auto - Manufacturers

Chijet Motor Company, Inc. engages in the research and development, production, and sale of new energy vehicles. It offers battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles. The company was founded in 2021 and is based in Grand Cayman, the Cayman Islands.

Open

2.05

Mkt cap

10M

Volume

High

2.05

P/E Ratio

0.02

52-wk high

62.40

Low

1.95

Div yield

N/A

52-wk low

1.77

Chijet Motor Company, Inc. (NASDAQ:CJET) announced that its shareholders approved a reverse stock split and an increase in authorized share capital during the annual shareholder meeting. The reverse stock split consolidates every 30 shares into 1, and the authorized share capital is increased significantly.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 7:32 am

The article highlights the pre-market movements of several consumer discretionary stocks on Wednesday. Notable gainers include Chegg (CHGG), La-Z-Boy (LZB), and 2U (TWOU), while significant losers include Connexa Sports Techs (YYAI), Interactive Strength (TRNR), and SRIVARU Holding (SVMH).

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 12:06 pm

The article highlights the performance of various consumer discretionary stocks during Tuesday's after-market session. Notable gainers include Carriage Services (CSV), Sportsman's Warehouse (SPWH), and Kirkland's (KIRK), while significant losers include Kaival Brands Innovations (KAVL), Chijet Motor Co (CJET), and EpicQuest Education Group (EEIQ).

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 8:31 pm

Chijet Motor's subsidiary FAW Jilin has signed an agreement to develop an automobile industry culture tourism project. The project includes plans to establish a manufacturing base for karts, ATVs, and UTVs.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:35 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Tuesday. Notable gainers include Chegg, Volcon, Boqii Holding, Lottery.com, La-Z-Boy, and ToughBuilt Industries. Significant losers include Connexa Sports Techs, Meta Data, Chijet Motor Co, Kaival Brands Innovations, Zapp Electric Vehicles, and MOGU.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 12:08 pm

Chegg, Inc. (NYSE:CHGG) shares surged 20.7% in pre-market trading following the announcement of a restructuring plan, including a 23% headcount reduction and a focus on international programs. Other notable pre-market movers include Actelis Networks, Inc. (NASDAQ:ASNS) up 112.2%, NLS Pharmaceutics AG (NASDAQ:NLSP) up 62.8%, and Mustang Bio, Inc. (NASDAQ:MBIO) up 46.7%. On the losing side, AERWINS Technologies Inc. (NASDAQ:AWIN) fell 48.8% and Quantum Corporation (NASDAQ:QMCO) dropped 38%.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 9:28 am

Chijet Motor Company, Inc. (NASDAQ:CJET) announced that its subsidiary, FAW Jilin Automobile Co., has entered into a framework cooperation agreement with TANK AUTO, a local auto distributor in Uzbekistan. This agreement will see TANK AUTO handle automotive sales and after-sales services for FAW in Uzbekistan over the next three years.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:39 pm

Adobe Inc. (NASDAQ:ADBE) shares surged 14.6% in pre-market trading after reporting better-than-expected Q2 earnings and strong guidance. Other notable pre-market movers include FOXO Technologies Inc. (NYSE:FOXO), Chijet Motor Company, Inc. (NASDAQ:CJET), and Nauticus Robotics, Inc. (NASDAQ:KITT) among gainers, and Nexalin Technology, Inc. (NASDAQ:NXL) and Gain Therapeutics, Inc. (NASDAQ:GANX) among losers.

Portfolio Pulse from Avi Kapoor

June 14, 2024 | 12:19 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Friday. Notable gainers include Meta Data (AIU), Chijet Motor Co (CJET), Jeffs Brands (JFBR), Canoo (GOEV), Lixiang Education Hldg (LXEH), and Allbirds (BIRD). Significant losers include Kaival Brands Innovations (KAVL), Zapp Electric Vehicles (ZAPP), RH (RH), MGO Global (MGOL), Boqii Holding (BQ), and Despegar.com (DESP).

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 12:06 pm

The article highlights the performance of various consumer discretionary stocks during Thursday's after-market session. Notable gainers include Chijet Motor Co (CJET), Allbirds (BIRD), and GoPro (GPRO), while significant losers include Zapp Electric Vehicles (ZAPP), E-Home Household Service (EJH), and Lovesac (LOVE).

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 8:31 pm

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