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

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Consumer Discretionary stocks experienced significant movements in Monday's intraday session. Notable gainers include Canoo (GOEV) with a 53.9% increase, and Latham Group (SWIM) rising by 20.03% following their Q4 earnings report. On the losing end, Sonder Holdings (SOND) dropped by 33%, and GigaCloud Tech (GCT) fell by 21.56% after their Q4 earnings. The movements reflect varied investor reactions to company performances and market conditions.

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In Monday's pre-market session, several consumer discretionary stocks showed notable movements. Gainers included Forward Industries (FORD) with a 28.2% increase, Canoo (GOEV) up by 24.22%, and JOANN (JOAN) rising 15.88%. On the losing end, Chijet Motor Co (CJET) fell by 12.2%, Worksport (WKSP) dropped 11.49%, and BJ's Restaurants (BJRI) declined by 5.91%. Other notable movements were seen in Zapp Electric Vehicles (ZAPP), Golden Sun Health (GSUN), Visionary Holdings (GV), Boot Barn Holdings (BOOT), Li Auto (LI), and Tupperware Brands (TUP).

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Nuvei Corp shares surged 14.1% in pre-market trading due to buyout talks with Advent International. Other stocks also showed significant movement, with Solidion Technology, JOANN Inc., and Brand Engagement Network among the top gainers. Conversely, MMTec, B. Riley Financial, and Nanobiotix were among the top losers.

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March 18, 2024 | 12:06 pm

Chijet Motor Company, Inc. (NASDAQ:CJET), a Chinese high-tech enterprise, has exported 100 Senia R7 taxis to Colombia through its subsidiary FAW Jilin, marking a significant step in its global expansion. The deal is valued at $785,000. This move into South America reflects Chijet's commitment to entering new markets and its focus on sustainable transportation. The company anticipates increased exports in 2024 and plans further expansion into North Africa, the Middle East, Central Asia, and Oceania.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:38 pm

In Thursday's after-market session, several consumer discretionary stocks showed significant movement. Notably, Kaival Brands Innovations and Sweetgreen experienced gains, with increases of 14.8% and 13.73% respectively, attributed to market reactions and Sweetgreen's Q4 earnings report. Conversely, Fisker and Jakks Pacific saw declines of 19.7% and 11.03% following their Q4 earnings releases. The movements reflect investor responses to company performances and market conditions.

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February 29, 2024 | 9:31 pm

Consumer Discretionary stocks showed significant movement in Tuesday's intraday session, with notable gainers including Gaotu Techedu, Singing Machine Co, Sonder Holdings, Jumia Technologies, Big Lots, and Norwegian Cruise Line, primarily driven by Q4 earnings releases. Conversely, Aarons, BT Brands, Qurate Retail, Cango, Zapp Electric Vehicles, and Chijet Motor Co experienced declines, with Aarons' drop attributed to its Q4 earnings announcement.

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February 27, 2024 | 5:31 pm

Chijet Holdings Limited has reported a 31.45% stake in Chijet Motor Company as of June 1, 2023, according to a 13D filing with the SEC. Following the announcement, shares of Chijet Motor Company spiked higher.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:10 pm

In Wednesday's pre-market session, several consumer discretionary stocks experienced significant movements. Purple Innovation (PRPL) saw a 16.4% increase, Allurion Technologies (ALUR) rose by 12.98%, and Dogness (DOGZ) went up by 10.5%. TAL Education (TAL) increased by 10.28%, Interactive Strength (TRNR) by 9.02%, and Chijet Motor Co (CJET) by 8.47%. On the downside, Phoenix Motor (PEV) dropped by 7.8%, SRIVARU Holding (SVMH) by 6.59%, U Power (UCAR) by 4.6%, Tilly's (TLYS) by 3.45%, Solid Power (SLDP) by 3.36%, and Cenntro Electric Gr (CENN) by 3.21%.

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