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

The article lists the stocks that gained and lost the most in Friday's mid-day session. Among the gainers, PainReform Ltd. (PRFX) shares climbed 103% after announcing pricing of a $2.7 million concurrent registered direct offering and private placement. Frequency Therapeutics, Inc. (FREQ) gained 41.7% after agreeing to merge with Korro Bio. Among the losers, Theseus Pharmaceuticals, Inc. (THRX) shares dipped 69.9% after discontinuing enrollment in Phase 1/2 study and terminating development of THE-630 for gastrointestinal stromal tumors. State Street Corporation (STT) fell 10.5% after reporting slightly worse-than-expected second-quarter revenues and an increase in total expenses.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 4:54 pm

Shares of Chijet Motor Company have resumed trading.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:52 pm

Several US stocks traded higher on Friday, with the Dow Jones gaining around 100 points. Notable gainers include Chijet Motor Company, Canoo Inc., TMC the metals company Inc., ACADIA Pharmaceuticals, Aehr Test Systems, Nikola Corporation, Organogenesis Holdings Inc., Arcturus Therapeutics Holdings Inc., Elanco Animal Health Incorporated, Shengfeng Development Limited, Intuitive Machines, Inc., Glaukos Corporation, and UnitedHealth Group Incorporated. The gains were driven by various factors such as breakthroughs in export models, acquisitions, better-than-expected results, agreements, and positive reviews.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 2:48 pm

Shares of Chijet Motor Company were halted on a circuit breaker to the upside, with the stock now up 36.3%.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:48 pm

Chijet Motor Company, Inc. (NASDAQ:CJET) announced that its majority-owned subsidiary FAW Jilin Automobile Co., Ltd. has completed its first shipment of automobile orders to Peru through its newly developed export operation at Tianjin Port, China. This marks the official opening of FAW Jilin's dual-channel export model, indicating a new phase of development for the company's international marketing business.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 1:20 pm

Several US stocks recorded losses in today's pre-market trading session. Viasat, Inc. (VSAT) shares dipped 19.5% after an unexpected event that may impact the performance of the ViaSat-3 Americas satellite. Chijet Motor Company, Inc. (CJET) shares fell 6.3% after a 36% jump on Wednesday. Hims & Hers Health, Inc. (HIMS), MillerKnoll, Inc. (MLKN), ImmunoGen, Inc. (IMGN), SoFi Technologies, Inc. (SOFI), and TMC the metals company Inc. (TMC) also experienced declines.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 10:33 am

During Wednesday's intraday session, several consumer discretionary stocks experienced significant movement. Chijet Motor Co, Elys Game Technology, Holley, Carvana, Harbor Custom Dev, and JX Luxventure saw their stocks increase by 27.8%, 27.59%, 21.59%, 17.58%, 13.23%, and 12.72% respectively. On the other hand, Mullen Automotive, Lucid Gr, Singing Machine Co, SunCar Technology Group, Forza X1, and Zapp Electric Vehicles saw their stocks decline by 22.0%, 12.26%, 11.36%, 9.07%, 8.81%, and 7.41% respectively.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 5:37 pm

On Monday, 65 companies hit new 52-week lows. The largest company by market cap to set a new 52-week low was Pfizer (NYSE:PFE), while the smallest was Biodexa Pharmaceuticals (NASDAQ:BDRX). Tivic Health Systems (NASDAQ:TIVC) shares traded down 40.69% to reach its 52-week low, making it the biggest loser. Chijet Motor Co (NASDAQ:CJET) shares bounced back the most, actually rising 0.0% after hitting a new 52-week low.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:50 pm

During Wednesday's session, 43 companies set new 52-week lows. Among them, Tower Semiconductor was the largest company by market cap to set a new low, while Smart for Life was the smallest. Biodexa Pharmaceuticals' stock dropped the most, trading down 7200.15%, while ABVC BioPharma's shares were the most resilient, rising 0.02% from its new low.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 4:43 pm

Several big stocks are recording losses in today's pre-market trading session. Trupanion, Inc. (TRUP) shares dropped 12% after California and New York approved the company's requested rate increases. NIKE, Inc (NKE) shares fell 3.5% following downbeat earnings for its fourth quarter. Xiao-I Corporation (AIXI), Chijet Motor Company, Inc. (CJET), Harmony Gold Mining Company Limited (HMY), and Senseonics Holdings, Inc. (SENS) also experienced declines in pre-market trading.

Portfolio Pulse from Lisa Levin

June 30, 2023 | 10:03 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.