Streetbeat News

TGL

Treasure Global Inc.

Industry

Software - Application

Treasure Global Inc. designs and develops a Malaysian e-commerce platform that helps subscribers to connect with local merchants by offer activities, travel, goods, services and rewards. The company offers z-city, a cross profit-sharing platform that allows business owners to promote their product, increase their network, and reap the profits and rewards. Treasure Global Inc. was founded in 2020 and is based in New York, New York.

Open

0.41

Mkt cap

3.6M

Volume

2.2M

High

0.47

P/E Ratio

-0.05

52-wk high

24.85

Low

0.35

Div yield

N/A

52-wk low

0.35

In Friday's pre-market session, several communication services stocks experienced significant movements. Fluent (FLNT) saw a 30.8% increase, while Troika Media Group (TRKA) dropped by 17%. Scholastic (SCHL) fell by 10.85% following their Q2 earnings report. Other notable gainers include Asset Entities (ASST), NextPlay Technologies (NXTP), Charge Enterprises (CRGE), and Able View Global (ABLV). Losers also included Hanryu Holdings (HRYU), LiveOne (LVO), Treasure Global (TGL), and MoneyHero (MNY).

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 1:08 pm

Treasure Global Inc (NASDAQ:TGL) announced the launch of ZCITY's Premium Store, designed to enhance user experience and drive revenue growth. The store features diverse packages from top brands and advanced technological features like AI-driven discounts. TGL's ZCITY also won the silver trophy for Best eCommerce Solution at the Asia eCommerce Awards 2023. The company is planning global expansion and anticipates increased user engagement and market share. Early feedback from users has been positive, and the company expects the new store to attract new users and increase transactions and gross profit.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 2:11 pm

Treasure Global Inc (NASDAQ:TGL) stock plummeted by 50% to $0.10 after announcing a public offering of approximately 26 million shares at $0.10 each, and 14 million pre-funded warrants at $0.0999 each. The offering aims to raise about $4.0 million before expenses, with an additional option for underwriters to purchase up to 6 million shares or warrants. EF Hutton, part of Benchmark Investments, LLC, is managing the offering, which is expected to close on November 30, subject to standard conditions. TGL's 52-week trading range is between $0.10 and $3.18.

Portfolio Pulse from Henry Khederian

November 29, 2023 | 7:41 pm

Patterson Companies, Inc. (PDCO) shares fell by 14% after reporting Q2 earnings of $0.50 per share, missing estimates of $0.58 per share, and lowering FY24 adjusted EPS guidance below expectations. The company's sales were $1.65 billion, below the expected $1.70 billion. Other stocks moved in the mid-day session with various companies experiencing significant gains or losses due to various factors such as FDA clearances, earnings reports, acquisition announcements, and public offerings.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 7:02 pm

Treasure Global shares are trading lower following the announcement of a $4 million underwritten public offering, which typically dilutes existing shareholders and can put downward pressure on the stock price.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 5:23 pm

U.S. stocks traded higher with the Nasdaq Composite gaining over 100 points. The U.S. economy grew by an annualized 5.2% in Q3, surpassing estimates. Vivos Therapeutics (VVOS) surged after FDA clearance for a sleep apnea device. China Pharma (CPHI) rose after completing testing for a dry eye device. Envoy Medical (COCH) gained following a Q3 profit report. BioVie (BIVI) dropped after Phase 3 trial data for an Alzheimer's drug. Treasure Global (TGL) fell post-pricing of a public offering. Farfetch (FTCH) declined after postponing its Q3 financial results announcement.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 2:48 pm

Treasure Global Inc (NASDAQ:TGL) has announced the pricing of a $4M underwritten public offering, consisting of 26,014,000 shares of common stock at $0.10 per share and 14,000,000 pre-funded warrants at $0.0999 each. The offering includes an over-allotment option for underwriters to purchase additional shares or warrants. The offering is expected to close on November 30, 2023, and is being managed by EF Hutton, a division of Benchmark Investments, LLC. The securities are offered under a registration statement declared effective by the SEC.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:01 pm

In Tuesday's after-market session, several communication services stocks experienced movement. AMC Entertainment Holdings (AMC) saw a 4.9% increase, while GD Culture Group (GDC) dropped by 6.4%. Other gainers included Hanryu Holdings (HRYU), Starbox Group Holdings (STBX), Arena Group Holdings (AREN), NFT Gaming Co (NFTG), and Treasure Global (TGL). Losers comprised Cuentas (CUEN), Collective Audience (CAUD), MoneyHero (MNY), FaZe Holdings (FAZE), and Asset Entities (ASST).

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:31 pm

In Friday's intraday session, several communication services stocks experienced significant movements. iClick Interactive Asia (ICLK) led the gainers with a 26.3% increase, while LQR House (LQR) saw the largest decline among the losers, dropping 24.2%. Other notable movers included MoneyHero (MNY), Innovid (CTV), and MediaCo Holding (MDIA) with substantial gains, and GDEV, Cuentas (CUEN), and GD Culture Group (GDC) with notable losses. Market capitalizations were also highlighted, with Cuentas recently releasing Q3 earnings.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:31 pm

In Thursday's pre-market session, several communication services stocks experienced significant movements. Leafly Holdings (LFLY) saw a 23.5% increase, while AirNet Technology (ANTE) rose by 21.96%. GD Culture Group (GDC) and Grom Social Enterprises (GROM) also saw their stocks move upwards by 13.38% and 8.65%, respectively. DoubleDown Interactive (DDI) and Golden Matrix Group (GMGI) shares increased by 8.53% and 7.46%. On the downside, Anghami (ANGH) fell by 14.5%, Gamer Pakistan (GPAK) by 9.91%, Direct Digital Holdings (DRCT) by 6.52%, Treasure Global (TGL) by 6.08%, Dolphin Entertainment (DLPN) by 4.77%, and Vodafone Group (VOD) by 4.19%.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 1:05 pm

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