Streetbeat News

ZCAR

Zoomcar Holdings, Inc.

https://www.zoomcar.com

Industry

Rental & Leasing Services

Zoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt. It connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. The company was founded in 2013 and is based in Bronxville, New York.

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KeyCorp (NYSE:KEY) shares dropped by 5.4% to $13.10 after reporting Q4 financial results with revenues of $1.538 billion, down 19% Y/Y, but slightly above consensus. Adjusted EPS of 25 cents also exceeded expectations. Other stocks experienced significant movements in Thursday's mid-day session, with various companies reporting gains due to different reasons such as acquisitions, financial results, and analyst upgrades. Conversely, several companies saw their shares fall due to negative news such as voluntary delisting, reverse stock splits, and disappointing earnings guidance.

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 6:08 pm

During Thursday's intraday session, several industrial stocks experienced significant movements. Agrify (AGFY) led the gainers with a 28.8% increase, while Spirit Airlines (SAVE) saw the largest decline among the losers, dropping 27.3%. Other notable gainers included TuSimple Holdings (TSP) and Primech Holdings (PMEC), with rises of 24.0% and 11.86%, respectively. Among the losers, Li-Cycle Holdings (LICY) and Plug Power (PLUG) saw substantial decreases of 21.51% and 16.95%, respectively.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 5:31 pm

Zoomcar, a self-drive car rental company, has appointed Adarsh Menon as its new President. Menon's role will involve overseeing Zoomcar's marketplace growth and P&L. His previous experience includes leadership positions at Walmart India and Flipkart. The appointment comes as Zoomcar continues to expand its marketplace model and enhance its technology platform.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 9:09 pm

Zoomcar Holdings has appointed Adarsh Menon as President of the company and President of Zoomcar India Private Limited, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 3:00 pm

In Thursday's intraday session, several industrial stocks experienced significant movements. Swvl Holdings (SWVL) led the gainers with a 31.5% increase, while Sidus Space (SIDU) saw the largest decline among the losers, dropping 26.0%. Other notable movers included Mega Matrix (MPU), Northann (NCL), Smart Powerr (CREG), Xos (XOS), ARC Document Solutions (ARC), Quhuo (QH), Zoomcar Holdings (ZCAR), Intuitive Machines (LUNR), ATIF Holdings (ATIF), and Satellogic (SATL), with varying degrees of gains and losses.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 5:31 pm

In Thursday's pre-market session, several industrial stocks showed significant movement. Bitcoin Depot (BTM) led the gainers with a 28.4% increase, while Hertz Global Holdings (HTZ) was among the losers, dropping 6.42%. Other notable movers included Marti Techs (MRT), Ault Alliance (AULT), ZKH Group (ZKH), Laser Photonics (LASE), and SOS (SOS) with gains, and Multi Ways Holdings (MWG), Royalty Management Holdings (RMCO), Zoomcar Holdings (ZCAR), American Rebel Holdings (AREB), and 1847 Holdings (EFSH) with losses.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 1:05 pm

Aehr Test Systems (NASDAQ:AEHR) shares dropped by 15% in pre-market trading due to the company's revised full-year revenue guidance, citing expected delays in new orders. Other stocks also experienced significant movements in pre-market trading, with various companies such as Exicure, Inc. (NASDAQ:XCUR) and iCoreConnect Inc. (NASDAQ:ICCT) seeing gains due to specific catalysts like patent grants and strategic acquisitions, respectively.

Portfolio Pulse from Avi Kapoor

January 10, 2024 | 1:03 pm

In Tuesday's after-market session, several industrial stocks experienced movement. Zoomcar Holdings (ZCAR) led the gainers with an 11.9% rise, while Park Aerospace (PKE) headed the losers with a 6.0% fall after Q3 earnings. Other notable movers included C3is (CISS), Smart Powerr (CREG), Vast Renewables (VSTE), JanOne (JAN), Astronics (ATRO), View (VIEW), Applied UV (AUVI), Swvl Hldgs (SWVL), Ault Alliance (AULT), and Nauticus Robotics (KITT).

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 9:31 pm

JetBlue Airways Corporation (NASDAQ:JBLU) shares fell by over 10% after B of A Securities analyst Andrew Didora downgraded the stock from Neutral to Underperform and lowered the price target from $6 to $3. The company also announced that Joanna Geraghty will succeed Robin Hayes as CEO in February 2024. Other stocks moved significantly in Tuesday's mid-day session, with various gainers and losers across different sectors.

Portfolio Pulse from Avi Kapoor

January 09, 2024 | 6:01 pm

During Tuesday's intraday session, several industrial stocks experienced significant movements. Sentage Holdings (SNTG) saw a 57.9% increase, while Zoomcar Holdings (ZCAR) rose by 40.05%. Applied UV (AUVI) and Terran Orbital (LLAP) also saw gains of 22.8% and 15.09%, respectively. Wheels Up Experience (UP) and Acuity Brands (AYI) increased by 12.47% and 10.87%, with Acuity Brands releasing their Q1 earnings report. Conversely, Nauticus Robotics (KITT), C3is (CISS), JetBlue Airways (JBLU), Ault Alliance (AULT), VCI Global (VCIG), and Complete Solaria (CSLR) experienced declines ranging from 8.67% to 22.3%.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 5:31 pm

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