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

China has announced a $72.3 billion tax break package for electric vehicles (EVs) and other green cars over four years, aiming to boost the slowing auto sales growth. The package includes purchase tax exemptions for new energy vehicles (NEVs) and is expected to benefit domestic automakers like NIO, Li Auto, and BYD.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 2:05 pm

Consumer discretionary stocks experienced significant movement during Wednesday's intraday session, with gainers including PARTS iD, Kaival Brands Innovations, Smart Share Glb, Rent the Runway, and Viomi Technology Co. Losers included Vince Holding, Mullen Automotive, SunCar Technology Group, Stitch Fix, U Power, and Cazoo Gr.

Portfolio Pulse from Benzinga Insights

June 14, 2023 | 5:32 pm

Consumer discretionary stocks experienced significant movement during Wednesday's intraday session, with Stitch Fix, MGO Global, Dave & Buster's Enter, Vera Bradley, U Power, and Tupperware Brands among the gainers, while Mondee Hldgs, Genius Gr, Mullen Automotive, Vacasa, Nova Lifestyle, and Sonder Holdings were among the losers.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 5:33 pm

Several US stocks experienced significant losses on Tuesday, with Tingo Group shares plummeting 52.8% after Hindenburg Research called it an 'exceptionally obvious scam'. Other notable declines include NovoCure Limited, Nevro Corp, Coinbase Global, and Blue Bird Corporation.

Portfolio Pulse from Lisa Levin

June 06, 2023 | 3:35 pm

Guidewire Software shares dropped 13.1% after reporting mixed Q3 financial results and issuing FY23 revenue guidance below consensus estimates. Other stocks that moved in Friday's mid-day session include MultiMetaVerse Holdings, Yunji Inc., U Power Limited, Minerva Surgical, and Samsara Inc., among others.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 5:00 pm

U.S. stocks traded higher on Friday, with the Dow Jones gaining over 400 points. Several companies recorded significant gains, including U Power Limited, Samsara Inc., MongoDB, The Chemours Company, and iHeartMedia, among others.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 3:03 pm

U Power Shares have resumed trading after a temporary halt. UCAR may be mentioned in the article.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 2:59 pm

U Power shares were halted on a circuit breaker to the downside, but the stock is now up 39.5%.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 2:52 pm

US stocks traded higher with the Dow Jones gaining over 400 points after the US economy added 339,000 jobs in May, significantly higher than the market estimates of 190,000. However, the unemployment rate increased to 3.7%. Materials shares rose by 2.5%, with Chemours Company and Glatfelter Corporation among the top gainers.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 2:31 pm

Lululemon Athletica reported Q1 EPS of $2.28, beating the $1.98 estimate, and sales of $2.00B, beating the $1.92B estimate. LAVA Therapeutics announced Janssen's selection of its lead gamma-delta T-cell engager bispecific antibody for clinical development. UCAR experienced a 95% price increase with no news, potentially due to a squeeze after its recent IPO.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 12:38 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.