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

Maxim Group has downgraded Cheetah Net Supply Chain (NASDAQ:CTNT) from Buy to Hold, as per analyst Tate Sullivan.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:00 pm

Bolt Biotherapeutics shares fell 34% after reporting a GAAP loss of 28 cents per share on $5.30 million in sales. Analysts from Guggenheim and Stifel downgraded the stock. Other stocks like AERWINS Technologies and Sintx Technologies saw significant gains, while Virpax Pharmaceuticals and Yield10 Bioscience experienced notable losses.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 5:38 pm

Cheetah Net Supply Chain Service shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:40 pm

Cheetah Net Supply Chain Service (CTNT) shares were halted on a circuit breaker to the upside but are now down by 12.2%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:35 pm

Arcutis Biotherapeutics (NASDAQ:ARQT) shares surged 29% in pre-market trading after reporting better-than-expected Q1 earnings and sales. Other notable pre-market movers include Faraday Future Intelligent Electric (NASDAQ:FFIE), Sintx Technologies (NASDAQ:SINT), and Dolphin Entertainment (NASDAQ:DLPN) among gainers, while Virpax Pharmaceuticals (NASDAQ:VRPX) and Bolt Biotherapeutics (NASDAQ:BOLT) led the decliners.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 12:14 pm

In Tuesday's after-market session, several consumer discretionary stocks showed significant movement. GameStop, Rent the Runway, and Petco Health and Wellness were among the top gainers, while Cheetah Net Supply Chain, Chijet Motor Co, and Faraday Future led the losers. Notably, earnings reports influenced several stock movements.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 8:31 pm

Alibaba Group Holding Limited (NYSE:BABA) shares fell by around 7% following mixed Q1 financial results. Other stocks experienced significant movements, with notable gainers including Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) and losers like Scorpius Holdings, Inc. (NASDAQ:SCPX).

Portfolio Pulse from Avi Kapoor

May 14, 2024 | 5:30 pm

In Tuesday's intraday session, notable movements were observed in the consumer discretionary sector with Faraday Future, Cheetah Net Supply Chain, GameStop, Koss, Rent the Runway, and Big Lots experiencing significant gains, while Volcon, Sacks Parente Golf, Linkage Global, Naas Technology, China Liberal Education, and Xponential Fitness saw declines. The movements were attributed to various factors including quarterly earnings reports.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 4:31 pm

U.S. stocks traded higher with the Nasdaq gaining over 50 points. Home Depot reported a sales decline of 2.3% in Q1, missing estimates. Cheetah Net, AMC, and GameStop shares surged, while Augmedix, Scorpius Holdings, and Inotiv shares fell. Oil prices dropped by 1.2%, and gold prices increased.

Portfolio Pulse from Avi Kapoor

May 14, 2024 | 4:06 pm

Cheetah Net Supply Chain Service's shares are trading higher after the company announced the pricing of a follow-on offering, aiming to raise gross proceeds of $8.19 million.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:02 pm

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