Streetbeat News

CTNT

Cheetah Net Supply Chain Service Inc.

Industry

Auto - Dealerships

Cheetah Net Supply Chain Service Inc., together with its subsidiaries, engages in the parallel-import vehicle dealership business in the People's Republic of China, the United States, and internationally. The company was formerly known as Yuan Qiu Business Group LLC and changed its name to Cheetah Net Supply Chain Service Inc. in March 2022. The company was incorporated in 2016 and is headquartered in Charlotte, North Carolina. Cheetah Net Supply Chain Service Inc. operates as a subsidiary of Fairview Eastern International Holdings Limited.

Open

3.61

Mkt cap

32M

Volume

142K

High

3.61

P/E Ratio

-0.10

52-wk high

236.16

Low

2.83

Div yield

N/A

52-wk low

1.70

Cheetah Net Supply Chain Service Inc. has signed definitive agreements to acquire TW & EW Services Inc., a labor and logistics service provider. The acquisition is expected to close on December 4, 2024, and aims to enhance Cheetah's service offerings and market position.

Portfolio Pulse from

December 03, 2024 | 3:30 am

Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT) announced its third quarter 2024 results and provided a corporate update. The company is involved in warehousing and logistics.

Portfolio Pulse from

November 13, 2024 | 10:30 pm

Several consumer discretionary stocks experienced notable movements in Friday's after-market session. Hall Of Fame Resort, ThredUp, Cheetah Net Supply Chain, Cooper-Standard Holdings, Connexa Sports Techs, and Luminar Technologies saw gains, while Lanvin Group Holdings, Phoenix Motor, Naas Technology, Premium Catering, PLBY Group, and Koss experienced declines.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 8:36 pm

Cheetah Net Supply Chain (NYSE:CTNT) has seen a significant increase in short interest, with 53.7% of its float sold short, a 3681.69% rise since the last report. This high short interest compared to peers may indicate bearish sentiment, but it could also lead to a short squeeze.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 2:15 pm

Several consumer discretionary stocks experienced significant price movements during Tuesday's intraday session. VF Corp (VFC) and Alta Global Group (MMA) saw notable gains, while Digital Brands Group (DBGI) and Crocs (CROX) faced substantial declines. Earnings reports influenced some of these movements.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 4:31 pm

The trading halt status was updated at 8:55:00 AM ET, indicating a quotation resumption. This update is crucial for investors tracking the affected stocks.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 12:55 pm

Trading for an unspecified asset was halted at 7:50:00 p.m. ET due to pending news. The halt indicates that significant information is expected to be released, which could impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:50 pm

The consumer discretionary sector is experiencing a decline in share prices, likely due to overall market weakness and rising treasury yields.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:51 pm

Cheetah Net Supply Chain Services has announced a 1-for-16 reverse stock split, as per their SEC filing. This corporate action is likely to impact the stock's liquidity and market perception.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:05 pm

The article reports on the after-market session movements of various consumer discretionary stocks. Notable gainers include MEDIROM Healthcare Techs, Alta Global Group, and Boqii Holding, while losers include Nxu, Worksport, and GoPro.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 8:31 pm

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