Streetbeat News

KLR

Kaleyra Inc

http://www.chanrx.com

CEO

Robert Baltera

chanrx corp. is a pharmaceuticals company located in 14656 neo pkwy, cleveland, oh, united states.

Open

7.24

Mkt cap

96M

Volume

199K

High

7.25

P/E Ratio

-1.04

52-wk high

7.25

Low

7.24

Div yield

N/A

52-wk low

0.51

Kaleyra, Inc. (NYSE:KLR) stockholders have approved all proposals related to the proposed acquisition of the company by Tata Communications Limited. The transaction is expected to close on October 5, 2023, after which Kaleyra's shares will cease trading and will no longer be listed on the NYSE.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 3:21 pm

The article lists four tech stocks that are considered overbought and may collapse this month. These include Splunk Inc. (SPLK), which is being acquired by Cisco (CSCO) for $28 billion, New Relic, Inc. (NEWR), which reported better-than-expected Q1 results and is being acquired by Francisco Partners and TPG for $6.5 billion, Kaleyra, Inc. (KLR), which announced a strategic collaboration with Talisma, and DatChat, Inc. (DATS), which recently announced a 1-for-10 reverse stock split.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:05 pm

Kaleyra has announced a strategic collaboration with Talisma, a provider of customer experience solutions based in India. The partnership will enhance customer experience by integrating Kaleyra Video, a WebRTC audio and video calling tool, into Talisma's Customer Relationship Management & Digital Engagement Platform.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 12:12 pm

Kaleyra (AMEX:KLR) reported Q2 losses of $(0.08) per share, with sales of $86.75 million, a 6.96% increase from $81.11 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:53 pm

Northland Capital Markets has downgraded Kaleyra (NYSE:KLR) from Outperform to Market Perform and set a new price target of $7.25.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 12:58 pm

U.S. stocks traded mixed with the Dow Jones dropping around 100 points and NASDAQ rising 0.23%. Unifirst Corporation reported worse-than-expected Q3 earnings and issued FY23 EPS guidance below estimates. Energy shares jumped by 1% while utilities shares fell by 1.4%. Kaleyra, Minerva Neurosciences, and Joby Aviation saw their shares rise significantly. AST SpaceMobile, Sonnet BioTherapeutics, and Cognition Therapeutics saw their shares drop. Oil traded up 2.8% while gold traded down 0.1%.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 6:39 pm

During Wednesday's intraday session, several information technology stocks experienced significant movements. Kaleyra (KLR), IonQ (IONQ), Rekor Systems (REKR), Hitek Global (HKIT), Red Cat Holdings (RCAT), and Astrotech (ASTC) saw gains, while Powerbridge Technologies (PBTS), Intchains Gr (ICG), SMX (Security Matters) (SMX), Maris Tech (MTEK), Argo Blockchain (ARBK), and Microvision (MVIS) experienced losses.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 5:37 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers, Minerva Neurosciences surged 46.2% after announcing a $20 million private placement. Kaleyra jumped 38.3% after Tata Communications announced plans to acquire the company. Among the losers, American Rebel Holdings fell 31.4% after announcing a 1-for-25 reverse stock split. AST SpaceMobile shares fell 29.3% after the company announced pricing of an upsized offering of Class A common stock.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 5:04 pm

US stocks traded mixed with the Nasdaq Composite gaining over 80 points. U.S. crude oil inventories dropped by 9.603 million barrels, more than the market estimates of a 1.757 million decline. Kaleyra, Inc. (KLR), Minerva Neurosciences, Inc. (NERV), and Theriva Biologics, Inc. (TOVX) saw their shares rise after various positive announcements. Meanwhile, AST SpaceMobile, Inc. (ASTS), Sonnet BioTherapeutics Holdings, Inc. (SONN), and Cognition Therapeutics, Inc. (CGTX) saw their shares drop due to various negative announcements.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 4:22 pm

Tata Communications Limited has announced its intention to acquire Kaleyra, Inc. (NYSE:KLR) for $7.25 per share, a total consideration of approximately $100 million, including the assumption of all outstanding debt. This represents a significant premium to Kaleyra's last closing share price. Following the announcement, Kaleyra's shares traded nearly 40% higher.

Portfolio Pulse from Erica Kollmann

June 28, 2023 | 3:49 pm

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