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

2.00

Mkt cap

21M

Volume

152K

High

2.32

P/E Ratio

-3.64

52-wk high

236.16

Low

1.91

Div yield

N/A

52-wk low

1.90

Cheetah Net Supply Chain (NYSE:CTNT) has seen a 43.44% decrease in its short percent of float, now at 1.94%. This indicates a more bullish sentiment compared to its peers, which have an average short interest of 7.02%.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 1:15 pm

Cheetah Net Supply Chain shares are trading lower after the company reported a year-over-year decrease in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:35 pm

Cheetah Net Supply Chain (NASDAQ:CTNT) reported a significant decline in its Q2 financial performance, with EPS dropping from $0.01 to $(0.03) and sales plummeting from $12.22 million to $293.86 thousand year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:55 pm

Shares of companies within the consumer discretionary sector are trading lower due to overall market weakness and concerns about a US economic slowdown, which could impact consumer spending.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:21 pm

Edwards Lifesciences Corporation (NYSE:EW) shares fell sharply after reporting worse-than-expected Q2 sales and issuing weak Q3 guidance. Despite beating EPS estimates, the stock dipped 26.9%. The company also acquired JenaValve and Endotronix. Other notable movers include Predictive Oncology Inc. (NASDAQ:POAI), Psyence Biomedical Ltd. (NASDAQ:PBM), and Ford Motor Company (NYSE:F).

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 6:12 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

The article highlights significant intraday movements in consumer discretionary stocks on Monday. Notable gainers include Yoshitsu Co, Naas Technology, Petco Health and Wellness, Children's Place, Deckers Outdoor, and Interactive Strength. On the losing side, Barnes & Noble Education, Selina Hospitality, MGO Global, Boqii Holding, Cheetah Net Supply Chain, and Jeffs Brands experienced declines.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 4:31 pm

The article highlights the intraday movements of several consumer discretionary stocks on Thursday. Notable gainers include Chijet Motor Co (CJET), Forza X1 (FRZA), Raytech Holding (RAY), Faraday Future (FFIE), Lulus Fashion Lounge (LVLU), and Cato (CATO). Significant losers include MGO Global (MGOL), Visionary Holdings (GV), Barnes & Noble Education (BNED), Naas Technology (NAAS), Mynd.ai (MYND), and Cheetah Net Supply Chain (CTNT).

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 4:31 pm

Shares of XP Inc. (NASDAQ:XP) fell sharply by around 12% after reporting worse-than-expected first-quarter EPS results. XP posted earnings of 37 cents per share, missing estimates of 40 cents per share, but reported higher-than-expected sales of $818.79 million. Other stocks moving significantly include Akoustis Technologies, Inc. (NASDAQ:AKTS), Barnes & Noble Education, Inc. (NYSE:BNED), and Petco Health and Wellness Company, Inc. (NASDAQ:WOOF).

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 5:28 pm

James Hardie Industries (NYSE:JHX) shares fell 14.3% after reporting worse-than-expected quarterly earnings and sales. JP Morgan downgraded the stock from Overweight to Neutral. Other notable movers include MGO Global (NASDAQ:MGOL) up 194% after Q1 results, and Greenwave Technology Solutions (NASDAQ:GWAV) down 60.5% after reporting a year-over-year decrease in Q1 results.

Portfolio Pulse from Avi Kapoor

May 21, 2024 | 5:36 pm

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