Streetbeat News

GCT

GigaCloud Technology Inc.

https://www.gigacloudtech.com

Industry

Software - Infrastructure

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories. The company was formerly known as Oriental Standard Human Resources Holdings Limited and changed its name to GigaCloud Technology Inc. in February 2021. GigaCloud Technology Inc. was founded in 2006 and is headquartered in Suzhou, China.

Open

19.56

Mkt cap

765M

Volume

933K

High

19.67

P/E Ratio

5.89

52-wk high

45.18

Low

18.68

Div yield

N/A

52-wk low

15.61

GigaCloud Technology Inc. (GCT) experienced a decline of 1.53% in its stock price, closing at $19.32, which is a larger drop compared to the overall market.

Portfolio Pulse from

February 21, 2025 | 12:00 am

Wall Street analysts are optimistic about GigaCloud Technology Inc. (GCT), which may influence investor decisions and impact the stock's price.

Portfolio Pulse from

February 20, 2025 | 3:45 pm

GigaCloud Technology Inc. (GCT) is gaining attention from investors, as noted by Zacks.com users. This increased interest suggests potential changes in the stock's prospects.

Portfolio Pulse from

February 14, 2025 | 3:15 pm

GigaCloud Technology Inc. is enhancing its B2B marketplace by partnering with leading furniture suppliers, including Purple Innovation Inc. and Homestyles by Flexsteel Industries Inc. This move strengthens GigaCloud's supplier ecosystem.

Portfolio Pulse from

February 11, 2025 | 12:15 pm

Kuehn Law, PLLC is investigating GigaCloud Technology Inc. for potential breaches of fiduciary duties by its officers and directors. Allegations include misrepresentation of business size, overstated operations, undisclosed related party transactions, and misleading financial results.

Portfolio Pulse from

February 10, 2025 | 11:45 pm

GigaCloud Technology Inc. (GCT) experienced a decline in its stock price, closing at $19.89, which is a 1.23% decrease from the previous trading session, despite overall market gains.

Portfolio Pulse from

February 07, 2025 | 12:00 am

GigaCloud Technology's shares fell due to a 10% tariff on Chinese imports, but the impact is limited as less than 20% of its revenue is affected. The company is mitigating the impact by growing its international revenue, particularly from Germany, and diversifying its supply chain.

Portfolio Pulse from

February 04, 2025 | 8:00 pm

Wall Street analysts' recommendations can significantly impact stock prices. GigaCloud Technology Inc. (GCT) is currently under the spotlight, with analysts suggesting it as a potential investment. Investors should consider these recommendations before making decisions.

Portfolio Pulse from

February 04, 2025 | 3:45 pm

GigaCloud Technology Inc has partnered with Habitat for Humanity of Greater Los Angeles to donate over $1 million in furniture to support wildfire recovery efforts in Southern California.

Portfolio Pulse from

February 04, 2025 | 2:00 am

GigaCloud Technology Inc (Nasdaq: GCT) is donating over $1 million in furniture to Habitat for Humanity Greater Los Angeles to support wildfire victims. This initiative is part of the ReBUILD LA™ Wildfire Recovery campaign, aiding families who lost their homes.

Portfolio Pulse from

February 04, 2025 | 1:30 am

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