Streetbeat News

LOT

Lotus Technology Inc.

Open

4.46

Mkt cap

Volume

87K

High

4.55

P/E Ratio

-3.42

52-wk high

17.99

Low

4.35

Div yield

N/A

52-wk low

4.15

Lotus Technology shares are trading higher after the company reported a year-over-year increase in Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:34 am

Lotus Technology (NASDAQ:LOT) reported a Q1 EPS of $(0.47), a 34.29% decrease from $(0.35) YoY, but saw a significant sales increase to $173.08M, up 805.19% from $19.12M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:03 am

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:15 pm

The article highlights the performance of 12 consumer discretionary stocks during Monday's after-market session. Notable gainers include Yoshitsu Co (TKLF), Kirkland's (KIRK), and GameStop (GME), while significant losers include Color Star Tech (ADD), Hall Of Fame Resort (HOFV), and Lotus Technology (LOT).

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 8:31 pm

The article highlights the intraday movements of several consumer discretionary stocks on Friday. Notable gainers include Yoshitsu Co, Deckers Outdoor, Children's Place, Naas Technology, Fitell, and Petco Health and Wellness. Significant losers include Barnes & Noble Education, MGO Global, Lotus Technology, Boqii Holding, Selina Hospitality, and Jeffs Brands.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 4:31 pm

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:14 pm

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:26 pm

U.S. stocks were mostly higher on Tuesday, with notable gains from XPeng Inc. (NYSE:XPEV), Waldencast plc (NASDAQ:WALD), Larimar Therapeutics, Inc. (NASDAQ:LRMR), Nukkleus Inc. (NASDAQ:NUKK), Transcat, Inc. (NASDAQ:TRNS), Bloom Energy Corporation (NYSE:BE), Tandem Diabetes Care, Inc. (NASDAQ:TNDM), Mesoblast Limited (NASDAQ:MESO), Iris Energy Limited (NASDAQ:IREN), Nikola Corporation (NASDAQ:NKLA), Lotus Technology Inc. (NASDAQ:LOT), and Dollar General Corporation (NYSE:DG).

Portfolio Pulse from Avi Kapoor

May 21, 2024 | 2:38 pm

Lotus Technology Inc. (LOT) has seen its stock rally over 40% in the last two weeks, driven by speculation around the exercise of warrants to raise up to $173 million. Despite a rocky start post-SPAC merger, Lotus, backed by Geely, is gaining investor interest amid its positioning in the luxury EV market and its first significant revenue report in 2023. Tesla (TSLA) is also mentioned in comparison to Lotus's financials and market positioning.

Portfolio Pulse from The Bamboo Works

May 10, 2024 | 3:06 pm

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:26 pm

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