Streetbeat News

NAAS

NaaS Technology Inc.

https://www.enaas.com

Industry

Specialty Retail

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. It serves charging station operators, charger manufacturers, EV OEMs, and other end-users. The company was founded in 2019 and is based in Beijing, China.

Open

2.81

Mkt cap

34M

Volume

167K

High

3.05

P/E Ratio

-0.20

52-wk high

59.20

Low

2.77

Div yield

N/A

52-wk low

1.42

NaaS Technology Inc. (NASDAQ:NAAS) announced that Alex Wu, President, CFO, and Director, has resigned for personal reasons effective August 9, 2024. Steven Sim will succeed him as CFO starting August 12, 2024. Wu will remain in an advisory role until November 8, 2024, to ensure a smooth transition.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:18 pm

Shares of companies within the consumer discretionary sector are trading lower due to overall market weakness and concerns about a US economic slowdown, which could impact consumer spending.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:21 pm

General Dynamics Corporation (NYSE:GD) shares fell 5.2% after reporting worse-than-expected Q2 EPS results despite revenue growth. Other notable stock movements include significant gains for NuZee, Inc. (NASDAQ:NUZE) and Dermata Therapeutics, Inc. (NASDAQ:DRMA), and declines for Azitra, Inc. (NYSE:AZTR) and Tesla, Inc. (NASDAQ:TSLA).

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 5:26 pm

Selective Insurance Group (NASDAQ:SIGI) shares fell 14.8% after reporting weak quarterly results, missing both earnings and sales estimates. Other notable stock movements include Augmedix (NASDAQ:AUGX) surging 148.8% on acquisition news, and SunPower Corporation (NASDAQ:SPWR) dropping 45.8% following an operational pause and analyst downgrade.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 5:24 pm

Intuitive Surgical, Inc. (NASDAQ:ISRG) shares rose 6.7% in pre-market trading after reporting better-than-expected Q2 financial results. Other notable pre-market movers include Serve Robotics Inc. (NASDAQ:SERV), Hawaiian Electric Industries, Inc. (NYSE:HE), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD).

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 9:37 am

ASLAN Pharmaceuticals shares dropped over 38% after announcing the voluntary liquidation of its sole operating subsidiary. Other notable stock movements include Aptevo Therapeutics climbing 84% following a $2.75 million offering, and Shimmick Corporation rising 49% after securing a $27.6 million subcontract. Cassava Sciences fell nearly 30% due to executive leadership changes.

Portfolio Pulse from Avi Kapoor

July 17, 2024 | 5:28 pm

U.S. stocks traded mostly lower with the Nasdaq Composite falling around 300 points. Johnson & Johnson reported better-than-expected earnings and raised its fiscal year 2024 guidance. Aditxt, Locafy, and Shimmick Corporation saw significant stock price increases, while ASLAN Pharmaceuticals, Cassava Sciences, and NaaS Technology experienced notable declines.

Portfolio Pulse from Avi Kapoor

July 17, 2024 | 1:39 pm

Shares of companies within the broader consumer discretionary sector are trading higher following a rise in June retail sales, indicating continued consumer spending.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 6:38 pm

Shares of The Charles Schwab Corporation (NYSE:SCHW) fell over 7% following their second-quarter results, which showed a decline in adjusted net income and EPS. Other stocks such as Yoshitsu Co., Ltd (NASDAQ:TKLF) and Silo Pharma, Inc. (NASDAQ:SILO) saw significant gains, while Cyngn Inc. (NASDAQ:CYN) and Autonomix Medical, Inc. (NASDAQ:AMIX) experienced notable declines.

Portfolio Pulse from Avi Kapoor

July 16, 2024 | 5:06 pm

SolarEdge Technologies, Inc. (NASDAQ:SEDG) shares fell 12.2% after announcing a workforce reduction of 400 employees. Other notable stock movements include Autonomix Medical, Inc. (NASDAQ:AMIX) climbing 148% and Trump Media & Technology Group Corp. (NASDAQ:DJT) rising 32.8% following an attempted assassination of Donald Trump.

Portfolio Pulse from Avi Kapoor

July 15, 2024 | 5:23 pm

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