Streetbeat News

IFBD

Infobird Co., Ltd

https://www.infobird.com

Industry

Software - Application

Infobird Co., Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. It offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients. The company also provides AI-powered cloud-based sales force management software, including intelligent quality inspection and intelligent training software to enable its clients to monitor, benchmark, and enhance the performances of agents; consumer product and retail store digitalization solutions; and other services, including software license selling, data analysis, and other professional services. It serves corporate clients in the finance, education, public services, healthcare, and consumer products industries. The company was incorporated in 2020 and is based in Beijing, the People's Republic of China.

Open

2.06

Mkt cap

4.2M

Volume

High

2.10

P/E Ratio

-0.04

52-wk high

54.64

Low

2.06

Div yield

N/A

52-wk low

1.63

Compugen Ltd. (CGEN) shares soared by over 200% after Gilead Sciences announced an exclusive licensing agreement for Compugen's pre-clinical immunotherapy program. Other stocks also moved significantly in Tuesday's mid-day session, with various companies experiencing gains due to positive developments such as FDA approvals, business accreditations, and favorable analyst upgrades. Conversely, some stocks fell sharply due to negative events like pricing of public offerings, discontinuation of joint development programs, and unfavorable patent litigation outcomes.

Portfolio Pulse from Avi Kapoor

December 19, 2023 | 6:34 pm

U.S. stocks traded higher with the Dow Jones gaining over 150 points. FactSet Research Systems Inc. (NYSE:FDS) shares rose after reporting Q1 results with sales growth of 7.4% Y/Y to $542.2 million and adjusted EPS of $4.12, slightly beating consensus. However, FactSet lowered its FY24 revenue and EPS outlook. Other stocks mentioned include Compugen Ltd. (NASDAQ:CGEN), Intelligent Bio Solutions Inc. (NASDAQ:INBS), Infobird Co., Ltd (NASDAQ:IFBD), Motus GI Holdings, Inc. (NASDAQ:MOTS), BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN), and Biodexa Pharmaceuticals Plc (NASDAQ:BDRX), which experienced significant price movements.

Portfolio Pulse from Avi Kapoor

December 19, 2023 | 5:54 pm

In Tuesday's intraday session, several IT stocks experienced significant movements. Neonode, Infobird Co, BIT Mining, Ebix, DZS, and Cipher Mining saw their shares rise, with Neonode leading at a 25.5% increase. Conversely, GSE Systems, AEye, TSR, ComSovereign Holding, Iris Energy, and CalAmp faced declines, with GSE Systems dropping by 33.2%. Market capitalizations varied, with Cipher Mining at the high end with $902.2 million and GSE Systems at the low end with $5.5 million.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:32 pm

Compugen announced it will receive a $10M milestone payment as its drug enters a Phase 3 trial with AstraZeneca for biliary tract cancer, causing CGEN stock to surge 240%. Infobird reported a new business cooperation in software development for IT systems, leading to a 152% increase in IFBD shares. Aldeyra Therapeutics revealed positive Phase 2 trial results for ADX-629 in treating atopic dermatitis, resulting in a 42% rise in ALDX stock.

Portfolio Pulse from ryanfaloona@benzinga.com

December 19, 2023 | 1:33 pm

Motus GI Holdings, Inc. (MOTS) shares plummeted by 46.5% in pre-market trading after announcing a $5 million public offering. Other stocks experienced significant movement in pre-market trading, with notable gainers including Infobird Co., Ltd. (IFBD), Jin Medical International Ltd. (ZJYL), and SOBR Safe, Inc. (SOBR), among others. Conversely, several companies saw their shares decline, such as ETAO International Co., Ltd. (ETAO), bluebird bio, Inc. (BLUE), and Ebix, Inc. (EBIX), which filed for Chapter 11 bankruptcy.

Portfolio Pulse from Avi Kapoor

December 19, 2023 | 1:09 pm

Infobird Co., Ltd (IFBD) has regained compliance with the Nasdaq's minimum bid price requirement. The company received a notification from Nasdaq on March 24, 2023, confirming that it has maintained a closing bid price of $1.00 per share or more for at least 10 consecutive business days. As a result, Infobird is now in compliance with Listing Rule 5550(a)(2).

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 10:03 pm

In Thursday's after-market session, several information technology stocks showed significant movement. Marin Software (MRIN) saw a substantial increase of 39.6%, while Samsara (IOT) and UiPath (PATH) also rose following their Q3 earnings reports. Soluna Holdings (SLNH), Domo (DOMO), and Minim (MINM) experienced gains as well. Conversely, MMTEC (MTC), Infobird Co (IFBD), Super Micro Computer (SMCI), Ascent Solar Technologies (ASTI), Sigma Additive Solutions (SASI), and Signing Day Sports (SGN) saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 9:30 pm

In Thursday's pre-market session, several IT stocks showed significant movement. Minim (MINM) saw a dramatic increase of 375.8%, while Salesforce (CRM) rose 9.31% following their Q3 earnings report. Conversely, Pure Storage (PSTG) dropped 16.5% after their Q3 earnings release. Other notable movers included Infobird Co (IFBD), Cambium Networks (CMBM), and Semantix (STIX) with gains, and Nvni Group (NVNI), Aurora Mobile (JG), BIT Mining (BTCM), Alpine 4 Holdings (ALPP), and Casa Systems (CASA) with losses.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:06 pm

In Friday's intraday session, several information technology stocks experienced significant movements. Soluna Holdings (SLNHP) led the gainers with a 41.3% increase, while ARB IOT Group (ARBB) headed the losers with a 16.7% decline. Other notable gainers included MMTEC (MTC), AMTD Digital (HKD), Crexendo (CXDO), Cyngn (CYN), and MicroCloud Hologram (HOLO). On the losing side were ComSovereign Holding (COMSP), Infobird Co (IFBD), AstroNova (ALOT), Cemtrex (CETXP), and CISO Global (CISO).

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:30 pm

In Friday's pre-market session, several information technology stocks showed significant movement. MMTEC, Cyngn, Iveda Solutions, Sobr Safe, Verb Tech, and Vertex saw gains, with MMTEC leading at a 35.7% increase. Conversely, Ondas Holdings, Alpha Technology Group, Luna Innovations, Infobird Co, SPI Energy, and LG Display Co experienced declines, with Ondas Holdings dropping by 6.3%. SPI Energy's drop follows their Q3 earnings release three days prior.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 1:06 pm

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