Streetbeat News

LOT

Lotus Technology Inc.

Open

4.32

Mkt cap

2.9B

Volume

129K

High

4.47

P/E Ratio

-3.36

52-wk high

17.99

Low

4.29

Div yield

N/A

52-wk low

4.15

Shares of electric vehicle (EV) stocks are experiencing an uptick in trading, likely influenced by Tesla's progress with its Full Self-Driving (FSD) technology in China. This development has contributed to a positive sentiment across the EV sector.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 7:42 pm

Deutsche Bank has initiated coverage on Lotus Technology (NASDAQ:LOT) with a Hold rating and set a price target of $7.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 9:10 am

Shares of companies in the consumer discretionary sector, including ABNB, ARHS, BIRD, DASH, DFH, DUOL, ECDA, EZGO, F, JL, JWEL, KXIN, LOBO, LOT, MSC, RGS, SG, SOND, TBLT, VFS, ZCMD, are trading lower due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:50 pm

Accenture plc (ACN) is acquiring CLIMB to expand its technology capabilities, with shares slightly up in after-hours trading. Agenus Inc. (AGEN) announced a 1-for-20 reverse stock split, causing a share price drop. Lotus Technology Inc. (LOT) is set to report Q4 financial results before April 8, 2024, with a slight share price increase. RADCOM Ltd. (RDCM) announced a CEO change, leading to a share price decrease. Bragg Gaming Group Inc. (BRAG) reported the resignation of its CFO, with shares slightly up.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 7:19 am

U.S. stocks closed higher on Friday, with the Dow Jones surging over 300 points, driven by positive jobs data and an improvement in investor sentiment as indicated by the CNN Money Fear and Greed index. The index remained in the 'Greed' zone. MediaCo Holding Inc. saw a significant jump in its shares after Standard General L.P. reported a 95.2% stake. Investors are also awaiting earnings results from Lotus Technology Inc.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 6:36 am

In Tuesday's pre-market session, there were notable movements in the consumer discretionary sector. Kidpik (PIK) led the gainers with a 60.9% increase, while Canoo (GOEV) experienced the largest decline among the losers, dropping 24.3%. Other notable movements included ATA Creativity Glb (AACG), Secoo Holding (SECO), and PVH Corp (PVH), with their stocks moving due to various factors including earnings reports.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 12:07 pm

PVH Corp. reported Q4 earnings surpassing analyst estimates with a significant year-over-year increase, but projected a revenue decrease for FY2024, causing its shares to tumble in pre-market trading. Other stocks like Fractyl Health, GCT Semiconductor, Petco Health, Humana, MicroStrategy, Bit Digital, CVS Health, and Lotus Technology also recorded losses in pre-market trading due to various factors including CMS payment updates, Bitcoin's decline, and upcoming financial reports.

Portfolio Pulse from Avi Kapoor

April 02, 2024 | 10:26 am

The article highlights the top 3 consumer discretionary stocks considered oversold based on their Relative Strength Index (RSI) values, suggesting potential for growth this quarter. Lotus Technology Inc. (LOT), iRobot Corporation (IRBT), and Lululemon Athletica Inc. (LULU) are identified as major oversold players in the sector, with RSI values below 30. LOT plans to report financial results on April 8, 2024, IRBT issued Q1 2024 financial expectations, and LULU posted strong Q4 results but gave a weak Q1 forecast.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 12:40 pm

The top 10 trending stocks on WallStreetBets as of March 26, 2024, include DWAC, RDDT, NVDA, TSLA, AAPL, AI, LOT, MSTR, SMCI, and TSM, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:20 pm

National CineMedia, Inc. (NCMI) reported strong Q4 results and announced a $100 million share repurchase program, leading to a 25.5% stock increase. Other stocks like Fusion Pharmaceuticals (FUSN), Spire Global (SPIR), and Zoomcar Holdings (ZCAR) also saw significant gains due to various positive developments. Notably, Fusion Pharmaceuticals is being acquired by AstraZeneca, and Spire Global announced a collaboration with NVIDIA.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 2:03 pm

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