Streetbeat News

Smart Share Global Limited

https://www.enmonster.com

Industry

Personal Products & Services

Smart Share Global Limited, a consumer tech company, provides mobile device charging services in the People's Republic of China. The company provides mobile device charging services through online and offline networks; and rents and sells power banks. It offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. As of December 31, 2021, the company had 5.7 million power banks in 845,000 POIs in 1,700 counties and county-level districts. Smart Share Global Limited was incorporated in 2017 and is headquartered in Shanghai, the People's Republic of China.

Open

0.72

Mkt cap

186M

Volume

47K

High

0.73

P/E Ratio

24.00

52-wk high

1.18

Low

0.70

Div yield

0.01

52-wk low

0.42

In Wednesday's pre-market session, several consumer discretionary stocks experienced significant movements. Kaixin Holdings (KXIN) saw an 80.2% increase, while Nike (NKE) fell by 7.7% following its Q1 earnings report. Other notable gainers include QuantaSing Group (QSG) and Allurion Technologies (ALUR), while Kidpik (PIK) and Twin Vee PowerCats (VEEE) were among the losers.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 12:06 pm

Smart Share Glb reported a significant decline in both earnings per share and sales for Q2. EPS remained at $0.01, but sales dropped by 55.38% compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

August 22, 2024 | 11:12 am

The article lists consumer discretionary stocks that moved significantly in Monday's pre-market session. Notable gainers include Linkage Global, Barnes & Noble Education, Jiuzi Holdings, GameStop, QuantaSing Group, and Smart Share Global. Significant losers include China Liberal Education, ATA Creativity Global, ZHONGCHAO, Garrett Motion, SRIVARU Holding, and AYRO.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 12:06 pm

Smart Share Global Ltd. (NASDAQ: EM) reported a significant revenue decline of over 50% in Q1 due to its business transformation. The company is shifting from directly owning and operating power bank cabinets to a model where third-party partners manage the cabinets. This transition has led to short-term financial pain, including a stock drop of over 20% initially, though it closed down around 10%. Despite the short-term challenges, the company remains profitable on an adjusted basis and expects long-term benefits from the new model.

Portfolio Pulse from The Bamboo Works

June 04, 2024 | 1:10 pm

The article highlights the performance of various consumer discretionary stocks during Monday's after-market session. Notable gainers include Sacks Parente Golf, U Power, Visionary Holdings, Vroom, E-Home Household Service, and VOXX International. On the losing side, BARK, Smart Share Global, Boqii Holding, Guess, Big 5 Sporting Goods, and Naas Technology saw declines.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 8:31 pm

The article highlights significant intraday movements in consumer discretionary stocks on Monday. Notable gainers include Four Seasons Education (FEDU), GameStop (GME), Dogness (DOGZ), MarineMax (HZO), Jeffs Brands (JFBR), and Sportsman's Warehouse (SPWH). On the losing side, Smart Share Global (EM), AYRO (AYRO), Kidpik (PIK), Selina Hospitality (SLNA), Vince Holding (VNCE), and 17 Education & Technology (YQ) saw declines.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 4:31 pm

Smart Share Global has regained compliance with the Nasdaq minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:31 am

In Wednesday's intraday session, 12 consumer discretionary stocks saw significant movements. Notably, Rocky Brands (RCKY) surged 26.5% after Q1 earnings, while Leggett & Platt (LEG) dropped 27.9% following their Q1 report. Other gainers include Lulus Fashion Lounge (LVLU) and NIO (NIO), with increases of 14.84% and 12.71%, respectively. Among the losers, Starbucks (SBUX) fell 16.94% post-Q2 earnings, and GrowGeneration (GRWG) declined by 20.24%.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 4:31 pm

In Thursday's intraday session, 12 consumer discretionary stocks showed significant movement. Notably, Boqii Holding and Strategic Education were among the top gainers, with increases of 19.2% and 14.88% respectively, attributed to Boqii Holding's market cap of $1.4 million and Strategic Education's Q1 earnings release. Conversely, E-Home Household Service and Jakks Pacific led the losers, with declines of 73.7% and 16.8% respectively, with E-Home's market cap at $13.6 million and Jakks Pacific's Q1 earnings influencing their stock prices.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 4:31 pm

In Friday's intraday session, 12 consumer discretionary stocks showed significant movement. Gainers included Connexa Sports Techs, Sonder Holdings, Coupang, BT Brands, Xcel Brands, and Smart Share Glb with increases ranging from 8.1% to 18.5%. Losers were Lixiang Education Hldg, Golden Heaven Group Hldgs, Hour Loop, Meta Data, JX Luxventure, and iRobot, with declines between 11.78% and 26.2%.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 4:31 pm

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