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

Shares of Cheetah Net Supply Chain Service (CTNT) were halted due to a circuit breaker after experiencing a significant downside, despite the stock being up 252.9%.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:50 pm

Cheetah Net Supply Chain Service shares have resumed trading.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:49 pm

U.S. stocks saw a slight increase, with the Dow Jones gaining over 50 points. U.S. producer prices rose by 0.5% in April, surpassing expectations. Cheetah Net Supply Chain Service, AMC Entertainment, and GameStop shares surged following significant announcements, while Augmedix, Scorpius Holdings, and Inotiv shares plummeted after disappointing financial results and downgrades.

Portfolio Pulse from Avi Kapoor

May 14, 2024 | 1:46 pm

Shares of Cheetah Net Supply Chain Service (CTNT) were halted due to a circuit breaker after surging 348% to the upside. This dramatic increase in stock price triggered the halt to manage volatility and ensure orderly market conditions.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:45 pm

Cheetah Net Supply Chain Service has priced its share offering at $0.62 per share, with a total of 13.21 million shares being offered.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:38 pm

In Tuesday's pre-market session, notable movements were observed in the consumer discretionary sector. GameStop led the gainers with a significant 116.0% increase, while Golden Sun Health experienced the largest drop among the losers, falling 13.5%. Other notable movements included Faraday Future and Koss with substantial gains, and Mingteng International and EZGO Technologies among the losers.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 12:06 pm

Cheetah Net Supply Chain reported Q1 2024 earnings with a GAAP EPS of $(0.03), missing the $(0.01) estimate, and sales of $1.507M, significantly below the $5.000M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:16 pm

In Tuesday's intraday session, several consumer discretionary stocks experienced significant movements. Notably, Golden Sun Health (GSUN) surged by 72.2%, while Beyond (BYON) dropped by 21.2%. Other notable movers include Jumia Technologies (JMIA) with a 25.77% increase and Lucid Group (LCID) with a 13.35% decrease. These movements were largely driven by the release of Q1 earnings for some companies.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:31 pm

In Friday's intraday session, 12 consumer discretionary stocks showed significant movement. Notable gainers included ZHONGCHAO (ZCMD) with a 33.1% increase, and Nova Lifestyle (NVFY) rising by 28.43%. On the losing end, Connexa Sports Technologies Inc. (YYAI) saw a 44% decrease, and Serve Robotics (SERV) declined by 21.07%. The movements reflect a mix of earnings reports and market adjustments.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:31 pm

Shares of companies in the consumer discretionary sector are down due to market weakness after March inflation data exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:09 pm

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