Streetbeat News

GDS

GDS Holdings Limited

Industry

Information Technology Services

GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company provides colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services. It serves cloud service providers, large Internet companies, financial institutions, telecommunications and IT service providers, and large domestic private sector and multinational corporations. The company was founded in 2001 and is headquartered in Shanghai, the People's Republic of China.

Open

22.48

Mkt cap

4.1B

Volume

815K

High

22.86

P/E Ratio

-6.93

52-wk high

24.74

Low

21.85

Div yield

N/A

52-wk low

5.01

Chinese stocks are trading lower following the filing for Chapter 15 bankruptcy protection in New York by property developer, China Evergrande Group.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 11:25 am

The article lists the stocks that gained and lost the most during Friday's mid-day trading session. Among the gainers were Unique Fabricating, Reata Pharmaceuticals, and Bluejay Diagnostics, while the losers included Tonix Pharmaceuticals, Sleep Number Corporation, and Femasys Inc. Avantor shares fell by 9.9% due to worse-than-expected Q2 financial results.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 5:07 pm

Several US stocks traded higher on Friday, with the Nasdaq Composite gaining around 200 points. Notable gainers include Reata Pharmaceuticals, which rose 53.3% after Biogen agreed to acquire the company, Roku, which gained 20.8% after reporting better-than-expected Q2 results and strong Q3 guidance, and The Boston Beer Company, which surged 18.1% after reporting better-than-expected quarterly results. Other companies that saw significant gains include Business First Bancshares, Huron Consulting Group, TAL Education Group, Costamare, Coursera, Beazer Homes USA, Celestica, SIGA Technologies, Silicon Motion Technology Corporation, UP Fintech Holding Limited, SkyWest, GDS Holdings Limited, Dada Nexus Limited, Cardlytics, AVITA Medical, T. Rowe Price Group, Opendoor Technologies, Meritage Homes Corporation, Skechers U.S.A., Chart Industries, DISH Network Corporation, Upstart Holdings, DexCom, and Intel Corporation.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 2:47 pm

Chinese stocks are experiencing a surge due to expectations of policy support and additional stimulus measures.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 2:12 pm

Chinese stocks are trading higher following the issuance of guidelines by China's state council aimed at promoting the private economy. Stocks mentioned include BEKE, BZ, FUTU, GDS, IQ, NIO, XPEV.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 2:49 pm

Several stocks recorded losses in Tuesday's pre-market trading session. Masimo Corporation shares dipped 27.3% after reporting weak preliminary revenue results for Q2. Acumen Pharmaceuticals tumbled 9.5% after reporting a proposed public offering of common stock. Lumentum Holdings, GDS Holdings, Faraday Future Intelligent Electric, Nikola Corporation, and Synchrony Financial also saw declines.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 10:46 am

Chinese stocks are trading higher in anticipation of US Treasury Secretary Yellen's upcoming visit to China. The electric vehicle (EV) sector is also seeing a boost due to strong vehicle delivery numbers.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 1:05 pm

Surgalign Holdings shares dropped by around 75% after filing for Chapter 11 bankruptcy. Other stocks experienced significant gains and losses during Tuesday's mid-day session, with Airspan Networks, Evelo Biosciences, and VCI Global among the top gainers.

Portfolio Pulse from Lisa Levin

June 20, 2023 | 5:07 pm

Chinese stocks are trading lower after China's central bank cut its one-year loan prime rate and five-year rate to stimulate economic recovery.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 3:23 pm

12 IT stocks experienced significant price movements in Tuesday's pre-market session, with 6 gainers and 6 losers. Notable gainers include Airspan Networks, SatixFy Communications, and Kingsoft Cloud Holdings, while Bitdeer Technologies, Datasea, and FOXO Technologies were among the losers.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 1:12 pm

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