Streetbeat News

UCAR

U Power Limited

https://www.upincar.com

Industry

Auto - Dealerships

U Power Limited develops, manufactures, and sells new energy vehicles and battery swapping stations in the People's Republic of China. It also offers battery swapping and sourcing services. The company was founded in 2013 and is based in Shanghai, the People's Republic of China.

Open

2.56

Mkt cap

11M

Volume

5.4K

High

2.79

P/E Ratio

-1.19

52-wk high

9.43

Low

2.55

Div yield

N/A

52-wk low

2.31

Benzinga's Stock Whisper Index highlights five stocks that warrant attention: U Power Ltd (UCAR), Trxade Health (MEDS), VIC Global Ltd (VCIG), Root Inc (ROOT), and Marathon Digital Holdings Inc (MARA). These stocks have seen significant price movements due to various factors such as tax breaks, reverse stock splits, AI-related news, takeover bids, and cryptocurrency price surges.

Portfolio Pulse from Chris Katje

June 23, 2023 | 2:28 pm

U Power shares are trading lower following Wednesday's strength, indicating a pullback in the stock.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 6:02 pm

During Thursday's intraday session, 12 consumer discretionary stocks experienced significant price movements. Gainers included ToughBuilt Industries, Xcel Brands, Overstock.com, Visionary Education Tech, MGO Global, and Sunlands Technology. Losers were EBET, Mullen Automotive, U Power, BT Brands, Jiuzi Hldgs, and Yoshiharu Global.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 5:38 pm

Avid Bioservices shares fell 14.1% after issuing FY24 revenue guidance below estimates. Other stocks experienced significant gains and losses during Thursday's mid-day session, with Aeglea BioTherapeutics climbing 422% after acquiring Spyre Therapeutics and securing a $210 million private investment.

Portfolio Pulse from Lisa Levin

June 22, 2023 | 5:09 pm

12 consumer discretionary stocks experienced significant price movements during Thursday's pre-market session, with 6 gainers and 6 losers. Newegg Commerce, ToughBuilt Industries, Overstock.com, Yatra Online, Visionary Education Tech, and Youdao saw gains, while U Power, Dana, Greenlane Hldgs, Yoshiharu Global, Holley, and Boqii Holding experienced losses.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 1:13 pm

Root, Inc. shares gained 50.1% in pre-market trading following a report suggesting the company has received a takeover bid. Other stocks with significant pre-market movements include ShiftPixy, T2 Biosystems, DSS, Tempo Automation, Siyata Mobile, Aeglea BioTherapeutics, Applied Optoelectronics, U.S. Gold Corp, and Ault Disruptive Technologies.

Portfolio Pulse from Lisa Levin

June 22, 2023 | 11:51 am

AlloVir, U Power, DigitalOcean, Beneficient, Summit Therapeutics, AMC Entertainment, and Faraday Future stocks are trading lower in Thursday's pre-market session. AlloVir priced its 20 million share offering at $3.75 per share, and China unveiled a $72.3 billion tax break package for EVs and green cars.

Portfolio Pulse from Lisa Levin

June 22, 2023 | 10:35 am

U Power Limited (NASDAQ:UCAR) shares surged after China announced a 520 billion yuan ($72.35 billion) tax break package for EVs and green energy vehicles to boost auto demand. The tax breaks include a purchase tax exemption of up to 30,000 yuan per vehicle for new energy vehicles (NEVs) purchased in 2024 and 2025, with reduced exemptions in 2026 and 2027.

Portfolio Pulse from Ryan Gustafson

June 21, 2023 | 8:00 pm

During Wednesday's intraday session, 12 consumer discretionary stocks experienced significant price movements. Gainers included U Power, Mullen Automotive, Hesai Gr, Kaixin Auto Hldgs, Soho House, and Unique Fabricating, while losers were ToughBuilt Industries, Faraday Future, Visionary Education Tech, EBET, ECARX Holdings, and Yoshiharu Global.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 5:37 pm

U Power Limited shares are trading higher after China announced tax breaks for electric vehicles (EVs) and green energy vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:01 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.