Streetbeat News

SDA

SunCar Technology Group Inc.

Industry

Auto - Dealerships

SunCar Technology Group Inc., through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business. The Insurance Intermediation Business segment provides traditional auto insurance renewal services and new energy vehicles insurance services. The Automotive After-Sales Business provides after-sales services to banking, insurance companies, and other customer types. The Technology Business segment provides auto insurance SaaS products and other technical services. SunCar Technology Group Inc. was founded in 2007 and is based in Shanghai, China.

Open

9.79

Mkt cap

979M

Volume

342K

High

10.05

P/E Ratio

-10.05

52-wk high

11.74

Low

9.35

Div yield

N/A

52-wk low

5.71

SunCar Technology Group Inc. (NASDAQ:SDA) has announced a strategic collaboration with Ping An Property & Casualty Insurance Co., Ltd. (Shenzhen Branch) to enhance airport pickup services for Ping An's high-value clients. This partnership marks the seventh Ping An branch to join SunCar's premium service network.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:18 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Thursday. Notable gainers include ECARX Holdings, TH International, Yoshiharu Global, Lululemon Athletica, Greenlane Holdings, and SunCar Tech Group. On the losing side, Big Lots, Five Below, Jowell Global, ZHONGCHAO, Interactive Strength, and Cava Group saw declines.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 12:07 pm

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Mullen Automotive (MULN) led the gainers with a 36.7% increase, while Fitell (FTEL) headed the losers, dropping 17%. Notably, Tesla (TSLA) saw a 17.77% rise following its Q1 earnings release four days ago, and SunCar Tech Gr (SDA) also gained 15.59% after its FY earnings report.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 4:31 pm

SunCar Technology shares are trading higher following the announcement of their FY2023 results.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:35 pm

SunCar Technology Group (NASDAQ:SDA) reported a significant increase in sales to $363.75M, up 28.80% YoY, but also a substantial increase in losses to $(0.31) per share, a 287.5% decrease from $(0.08) YoY.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:07 pm

In Tuesday's intraday session, 12 consumer discretionary stocks showed significant movement. Notable gainers included Lobo EV Technologies, Kidpik, SunCar Tech Gr, Cazoo Gr, Allurion Technologies, and Viomi Technology Co, with increases ranging from 7.01% to 21.1%. On the downside, Canoo, Meta Data, PVH, MGO Global, EpicQuest Education Group, and Selina Hospitality experienced declines between 16.79% and 28.4%, with several companies' movements tied to recent Q4 earnings releases.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:31 pm

SunCar Technology Group's shares surged following the announcement of an exclusive airport concierge car service deal for the private banking clients of China CITIC Bank International Limited.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:57 pm

ChampionX Corporation shares surged 9.5% after Schlumberger Limited announced its acquisition. Other stocks like VirTra, Inc., TMC the metals company Inc., and Montrose Environmental Group also saw significant gains following positive financial results and strategic moves. The overall market was down, with the Dow Jones dropping around 400 points.

Portfolio Pulse from Avi Kapoor

April 02, 2024 | 2:31 pm

SunCar Technology Group has announced an exclusive partnership with China CITIC Bank International Limited to offer airport concierge car services to the bank's private banking clients. This move is aimed at enhancing the travel experience of CITIC's high-net-worth individuals by providing them with personalized and convenient transportation options.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 1:17 pm

In Tuesday's pre-market session, several consumer discretionary stocks showed significant movement. Notably, Krispy Kreme (DNUT) surged 18.1%, while Golden Sun Health (GSUN) dropped 20.4%. Other stocks such as Lobo EV Technologies (LOBO), Cheesecake Factory (CAKE), and Canoo (GOEV) also experienced notable changes. These movements reflect varying investor sentiments and market dynamics within the consumer discretionary sector.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 1:06 pm

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