Streetbeat News

FRGT

Freight Technologies, Inc.

Industry

Software - Application

Freight Technologies, Inc. operates as a transportation logistics technology platform company. The company through its subsidiary, Freight App, Inc., provides B2B cross-border shipping marketplace in the NAFTA region powered by AI and machine learning. Its Fr8App uses proprietary technology platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and capacity solutions. The company was formerly known as Hudson Capital Inc. and changed its name to Freight Technologies, Inc. in May 2022. Freight Technologies, Inc. is headquartered in The Woodlands, Texas.

Open

1.75

Mkt cap

3.4M

Volume

130K

High

1.78

P/E Ratio

N/A

52-wk high

350.00

Low

1.59

Div yield

N/A

52-wk low

1.45

Several industrial stocks experienced significant price movements during Monday's intraday session. Spirit Airlines (SAVE) saw a notable increase of 64.6%, while 1847 Holdings (EFSH) experienced a decline of 31.6%. Other gainers included JE Cleantech Holdings (JCSE) and Expion360 (XPON), while Exela Technologies (XELAP) and Fusion Fuel Green (HTOO) were among the losers.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 4:31 pm

Freight Technologies has regained compliance with Nasdaq's minimum bid price requirement, resolving its previous listing issue.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 1:05 pm

Several industrial stocks experienced significant price movements during Monday's intraday session. Notable gainers included Safe Pro Group, Surf Air Mobility, and Polar Power, while Laser Photonics and Graphex Gr were among the biggest losers.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 4:31 pm

In Tuesday's pre-market session, several industrial stocks experienced significant movements. AgEagle Aerial Systems saw a remarkable 101.9% increase, while Volato Group's stock fell by 8.8%. Other notable gainers included ATIF Holdings and GrafTech International, while Babcock & Wilcox and ZIM Integrated Shipping were among the losers.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 12:06 pm

Trading for FRGT was halted and has now resumed as of 8:55 AM ET. This update is crucial for investors tracking the stock's movements.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:55 pm

Freight Technologies announced a 1-for-25 reverse stock split, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:10 pm

Freight Technologies, Inc. (NASDAQ:FRGT) announced a 1-for-25 reverse stock split, effective September 25, 2024. The split will reduce the number of outstanding shares from 35,844,999 to 1,433,800. Shares will continue trading under the symbol 'FRGT' with a new CUSIP number.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:40 pm

Exicure, Inc. (NASDAQ:XCUR) shares surged 179.9% in pre-market trading after receiving a Nasdaq listing extension. Other notable pre-market movers include Zeo Energy Corp. (NASDAQ:ZEO) up 288.9%, Telesis Bio, Inc. (NASDAQ:TBIO) up 138.4%, and Venus Concept Inc. (NASDAQ:VERO) up 82.8%.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 9:26 am

Freight Technologies shares rise as the company is chosen by Bayer CropScience as a logistics provider for 2025, securing six key cross-border lanes for truckload services.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 1:23 pm

Freight Technologies has been chosen by Bayer CropScience as a logistics provider for 2025, securing six essential cross-border lanes to offer truckload services.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 1:17 pm

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