Streetbeat News

WBUY

WEBUY GLOBAL LTD. Ordinary Shares

https://www.webuysg.com

Industry

Specialty Retail

Webuy Global Ltd operates as an e-commerce retailer company in Singapore, Indonesia, and Malaysia. It sells food and beverages, fresh produces, lifestyle products, and other personal care products, as well as sells packaged tours. The company was founded in 2019 and is based in Singapore.

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Shares of American Eagle Outfitters (NYSE:AEO) fell 4.5% after reporting first-quarter earnings that missed analyst estimates. Other notable stock movements include Cue Health (NASDAQ:HLTH) jumping 100.7% after filing for Chapter 7 bankruptcy, and Smart for Life (NASDAQ:SMFL) rising 57% following a restructuring program. Faraday Future (NASDAQ:FFIE) rose 51% despite poor fiscal year results and Nasdaq filing issues. Foot Locker (NYSE:FL) gained 25.9% after beating first-quarter earnings, while Salesforce (NYSE:CRM) fell 20.1% due to weak guidance despite upbeat earnings.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 5:48 pm

Webuy Global has announced its expansion into an insurance referral program aimed at delivering insurance solutions to markets across Asia. This move is expected to diversify its service offerings and potentially increase its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 10:07 am

As of May 21, 2024, five consumer staples stocks are showing overbought signals based on their RSI values. These stocks include Costco Wholesale Corporation, Celsius Holdings, Vital Farms, Mama’s Creations, and Webuy Global. Investors should be cautious as these stocks have shown significant price increases recently, which may indicate potential short-term volatility.

Portfolio Pulse from Avi Kapoor

May 21, 2024 | 11:59 am

Webuy Global has announced the launch of its travel business in Indonesia, marking its expansion into the growing Southeast Asian tourism market.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:02 am

Webuy announced a pricing of up to 10 million share offering at $0.29 per share, indicating a significant move to raise capital.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:41 pm

Webuy Global Ltd has filed with the SEC for an offering of up to 10 million Class A ordinary shares. This move indicates the company's intention to raise capital, potentially for expansion or operational purposes.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:14 pm

In Thursday's intraday session, 11 consumer staples stocks saw significant movements. Notably, Bit Brother, Guardion Health Sciences, China Jo-Jo Drugstores, Maison Solutions, Webuy Global, and Chanson International experienced gains, with Bit Brother leading at a 55.4% increase. Conversely, Cyanotech, Better Choice Co, DDC Enterprise, MedAvail Holdings, and Steakholder Foods faced declines, with Cyanotech dropping 14% following its Q3 earnings report.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:31 pm

Webuy, presumably a publicly traded company, has received a notification from Nasdaq concerning non-compliance with the exchange's minimum bid price requirement. This could indicate that Webuy's stock price has fallen below the minimum threshold set by Nasdaq for a certain period, and the company may need to address this issue to maintain its listing.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:06 pm

In Friday's after-market session, several consumer staples stocks experienced significant movements. Reborn Coffee (REBN) led the gainers with a 22.3% increase, while Bruush Oral Care (BRSH) headed the losers with a 7.7% decline. Other notable movers included 22nd Century Group (XXII), Maison Solutions (MSS), Webuy Global (WBUY), Benson Hill (BHIL), Mangoceuticals (MGRX), Shineco (SISI), Safety Shot (SHOT), Honest Co (HNST), China Jo-Jo Drugstores (CJJD), and Oatly Group (OTLY). Market capitalizations varied, with Oatly Group having the largest at $658.4 million.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 9:31 pm

The article highlights four consumer staples sector stocks considered oversold based on their Relative Strength Index (RSI) values, suggesting potential buying opportunities. Archer-Daniels-Midland Company (ADM) is dealing with internal changes and a significant stock price drop. Webuy Global Ltd (WBUY) announced a strategic collaboration with Ohmyhome. AgriFORCE Growing Systems Ltd. (AGRI) experienced a stock decline following a filing for a stock offering. Elevai Labs, Inc. (ELAB) entered into a license agreement with INmune Bio, Inc. and saw a substantial share price decrease.

Portfolio Pulse from Avi Kapoor

January 23, 2024 | 11:39 am

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